Lettings Market Update January 2025

22 January, 2025

The rental market finished the year on a new high, with applicants keen to be settled before the Christmas period. As a consequence we have started the New Year with very low stocks of available properties across the region.

It is expected that the proposed changes in legislation will be with us by the summer and landlords are already adapting to these, understanding that going forward we will need to secure good quality long term tenants. We still believe that those who continue to commit to the market will see rewards in higher rents and a sustainable return on their investment.

Therefore, if you are considering entering the rental market as a landlord, please speak to your local branch, who will be happy to discuss local property needs and likely rental outcomes.

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