“Despite all the negative headlines of 2020 the rental market ended the year in a remarkably strong position with high tenant demand, very little available stock and often the opportunity to increase prices upon a change of tenant. Turnover of existing tenancies during 2020 was below the norm, as was the supply of new properties to the rental market. A mini housing boom for sales has given accidental landlords the chance to sell their properties. All these factors combined mean that regardless of the uncertainties caused by the pandemic, new properties to the market are generating multiple enquiries with houses particularly sought after and in short supply.”
I am a Tenant Landlord