“As we enter the end of the year, this is normally a time to take stock and breathe a little easier. However, the market is still reasonably active as we see tenants giving notice and those properties coming back to market. Tenant demand has slowed as most of the moving activity happened spring through autumn. Rental pricing has to be on point to achieve a let at this time of year. We are also seeing a lot of circumstantial landlords entering the market due to work contracts abroad for 2/3 years. Whilst their entry into the PRS is welcomed, it only offers a short-term solution to a growing shortage of housing crisis.”
I am a Tenant Landlord