“Turnover of properties has been extremely low during the lockdown, which combined with virtually no supply of new properties into the rental market, has meant there is currently very little availability for prospective tenants. As a result there is a high demand for properties which do come to the market. Many existing tenancies have been saved by the provision of the furlough scheme, grants for the self-employed and a slightly more generous benefits system. As the various schemes begin to recede and we emerge from the crisis, supporting current customers and careful selection of new clients will become ever more essential to maintain and create sustainable tenancies.”
I am a Tenant Landlord