ARLA Propertymark has issued its Private Rented Sector (PRS) Report for September 2021.
The published data comes from a survey of 175 ARLA Propertymark members by Opinium Research. The members represent an average of 4 branches each, with 39% in South East and London and 61% in the rest of the country.
Highlights of the report include:
The West Midlands had the highest number of new tenants registered per branch for September, with an average of 106.
The number of new prospective tenants was the highest on record for month of September, at 83 per branch.
Rental stock was the lowest in London with an average of just 77 properties managed per branch.
Demand from tenants
The average number of new prospective tenants registered per branch fell in September to 83, from August’s figure of 107.
This still remains the highest figure on record for the month of September though,
Continue reading this article at https://propertyindustryeye.com/tenant-demand-outstripping-supply-propertymark/