“We have yet to see that spike in the market towards the end of Q1, which has resulted in an unusually quiet start to 2023. The severe lack of stock across the county, along with other factors such as the cost of living crisis, means tenants seem to be staying put which is impacting available properties. Properties that are being marketed are still receiving high levels of interest and are reserved within a matter of days. Landlords are looking to get into the rental market or expand their portfolios, however, economic factors and lack of support seem to be having an adverse effect on the plans to bring new properties into the PRS.”
I am a Tenant Landlord
