Lettings Market Autumn 2024 Update

12 October, 2024

The rental market has shown signs of slowing, as autumn progresses. This is as a result of a lack of properties to rent in most categories and locations. Overall, 2024 has been a busy year for all involved in renting, although supply has been a constant issue.

Whilst the government’s proposed changes in legislation poses a risk to landlords, those who continue to commit to the market will see rewards in higher rents and potential tenants, keen on securing long term accommodation, which is great for rent returns.

We have many tenants are seeking a better rental experience and are prepared to pay a premium to obtain it.

Therefore, If you are considering entering the rental market as a landlord, please speak to your local Pearsons branch, who will be happy to discuss local property needs and likely rental outcomes or request a valuation on our website here

Simon Pinkney FNAEA MARLA

Director

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