The latest news, views and data from the lettings industry.
The cost of rent saw only minimal change in the regions monitored by Goodlord during December, with average void periods either improving or holding steady.
The cost of rent dropped in every region monitored by Goodlord during November, with void periods edging up in most regions.
Leicester's lettings market in the region saw a spike in activity immediately before restrictions were introduced, followed by a significant slowdown when year on year figures were compared.
October proved a slower month for the UK rental market, with the average cost of rent decreasing and void periods increasing in all regions monitored by Goodlord.
Goodlord reveals key figures for the private rented sector for September 2020 based on tenancies processed through our platform, including average rents and voidage periods, in the Goodlord Rental Index.
A quarter of tenants have either missed rental payments, had to make alternative arrangements to pay their rent, or are concerned about paying their rent in the future, found our survey of 2,750 tenants for our State of the Industry Report.
Property professionals are feeling more optimistic about the lettings sector than they were at the outset of 2020, despite the challenges of Covid-19, shows Goodlord's State of the Industry Report for Summer 2020.
Goodlord reveals key figures for the private rented sector for August 2020 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
Goodlord reveals key figures for the private rented sector for July 2020 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
Almost half of agents want their agencies' cultures to shift to one of increased remote work, found a poll by Goodlord.
The latest figures in the Goodlord Rental Index show that the December rental market held steady, despite pandemic fears heightening during the traditionally slow month for the sector, with improved void periods month on month in most regions, and minimal change in rental prices.
Topics: Data
The latest Goodlord Rental Index shows a subdued rental market during November, thanks to the country-wide lockdown. Rents were down and voids were up, with the average income of tenants also starting to slide. However, the market picked up speed again during the last week of November, with renewed activity sparking an above average rate of new applications during a traditionally quiet period for the market.
Topics: Data
An analysis of the impact of Tier 3 restrictions on the lettings market in Leicester, which was under extra restrictions for more than 120 days, indicates that the current lockdown could slow the rental market in England despite house moves being permitted under the current lockdown rules.
Topics: Data
October proved a slower month for the UK rental market, with the average cost of rent decreasing and void periods increasing in all regions monitored in Goodlord's Rental Index.
Topics: Data
The latest Rental Index from Goodlord, which analyses over 20,000 UK tenancies each month, has shown a strong picture for the rental market as voids hold steady and rents only drop marginally across the UK.
Topics: Data
A survey of 2,750 UK renters has revealed that huge swathes of tenants are anxious about meeting their rental obligations following the pandemic. Alongside this, large numbers are considering moving to a new property as working from home becomes the norm and financial situations shift, found our tenant survey for our latest State of the Industry Report.
Topics: Data
After a torrid 8 months, you could forgive the lettings market for feeling wary about the future. However, the latest State of the Industry Report for Summer 2020 from Goodlord paints a very different picture. Our detailed survey of over 350 lettings professionals has revealed that optimism is higher than pre-pandemic levels, with a huge 80% feeling positive about the future.
Topics: Data
August proved to be another successful month for the lettings market shows the latest Goodlord Rental Index, as demand from students and young professionals continued to fuel the sector. Rents were up by 2% overall, although some regions fared better than others. Void periods were up by an average of 2 days across the UK compared to July; reflecting an easing of the ‘rush to rent’ which characterised early summer. However, with void periods in most regions still well below their annual average, the market remains strong heading into autumn.
Topics: Data
The UK’s rental market continues to go from strength to strength, according to the latest Rental Index from Goodlord, with the ‘summer boom’ continuing throughout July. The latest data shows rents up and voids dramatically down, as tenants continue to hunt out new leases following months of lockdown-induced delays.
Topics: Data
Only 10% of lettings professionals want to go back to the office on a full-time basis at the end of the pandemic, found a recent poll conducted by Goodlord, which shows that many people have embraced the benefits of working from home during the Covid-19 pandemic. Almost half of poll respondents - 47% - said that would prefer to work from the office only if there was increased flexibility to work from home, while a further 24% said they would prefer to work from home on a part-time basis and 20% said they would prefer to work from home full-time. Although the poll included only a small sample size, the results are likely to reflect shifting views to remote working all over the world as a result of an extended lockdown.
Topics: Data
