Rental Price Growth to outpace sales growth over the next five years

  • Over 60% of properties placed on the rental market are being snapped up by renters within a week of being listed, one in six letting within 3 days, according to the latest Dataloft poll of subscribers. Less than 3% of properties are currently on the market for more than 2 weeks.
  • Email (65%), phone (22%) and WhatsApp (12%) are the preferred ways renters wish to be contacted by agents if there is a new property on the market that meets their requirements.
  • Rental price growth is anticipated to outpace sales price growth in the UK market over the next five years.

Source: Dataloft, poll of subscribers March 2023

#helpingyoumove in Lancaster, Morecambe, Preston, and South Ribble