Results for the spring round are out – watch your emails! The next application round is planned to open in autumn 2023 (specific dates will be announced later). Lynne Lancaster, head of estate agency at Penrith Farmers and Kidd's, said: "Demand continues to well outstrip supply and we are actually seeing more tenants stay put for longer rather than move after the agreed term.Thank you for your interest. Rightmove's director of property science Tim Bannister said: "Average asking rents for new tenants have risen at a rapid pace since the pandemic, reflecting the significant increase in demand, which is driven by a combination of factors including changed housing needs, such as some space to work from home."Īllison Thompson, national lettings managing director of Leaders Romans Group, said: "Some highly leveraged landlords are considering selling due to interest rate rises but we find most are mortgage-free, and in most cases our advice is to avoid a knee-jerk reaction." In signs that some landlords are selling up, 16% of properties currently for sale were previously available on the rental market - a figure which is up from 13% in January 2019 - Rightmove said. London rents are 28% (£559 per month) higher than they were at the same time in 2019. ![]() ![]() Family evicted from rental home every eight minutes in England
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