“In Q1 2020 we saw a steady increase in movement from the tail end of 2019. However, the unprecedented global pandemic has impacted all industries including the rental sector. New ways in which businesses work had to be sought. Virtual tours, electronic signing of leases, video conferencing etc. have ensured that the rental sector can continue to function. We are facing challenging times with rent arrears rising and an increased number of tenants serving notice to end their tenancies due to financial difficulties, however, we believe the key is to adapt and we remain confident that the PRS will overcome this difficult period.”
I am a Tenant Landlord