Explore the latest data and research on the private rented sector for lettings agents.
The average cost of rent is at a year-to-date high of £1,104 per property in September, while voids increased compared to August, but are still 10.5% lower according to the year-on-year figures.
The market looks strong heading into autumn, with rents continuing to climb across most of the country in August, and national average for void periods remaining low.
An analysis of 5,000 student lets processed through the Goodlord platform between January 2021 and July 2021, shows the student rental market recorded a huge boost in the cost of rent for tenancies that began during July.
The lettings market in England experienced a hugely busy July, with rents up and voids down across the board, as demand for rental properties goes from strength to strength.
Rents increased in every region monitored by the Goodlord Rental Index in June.
Voids are tumbling across the country and rents continue to be more resilient than predicted, shows the latest Goodlord Rental Index.
There was little change to average rents in England in April 2021 showed the latest Goodlord Rental Index, but void periods rose in most areas of the country.
Each region monitored by Goodlord saw a rise in the average cost of rent during March, the first time we have seen such a uniform increase across England since July 2020.
An analysis of 255,000 tenancies shows that revenues from student lets dropped by 30% in 2020, with the amount spent on student properties dropping from 12p in every £1 to just 8p between 2018/19 and 2020.
Once lockdown came into effect on 23rd March 2020, the impact on the sector was swift, but the pace of activity appears to be increasing, pushing volumes much closer to those seen in 2020 before the pandemic hit.
The latest Goodlord Rental Index shows that the average cost of rent in England has reached its highest level for 2021 so far, despite rents falling in some regions. Voids inched up compared to August, but remain much lower than annual averages. The data therefore points to a very slight cooling of demand during September compared to the lettings frenzy seen throughout the summer, but overall paints a picture of a much stronger rental market than seen at the same time last year.
Topics: Data
Rents continued to climb across most of the country in August, with Goodlord's Rental Index again recording a highest figure for monthly average rents for two years. While the overall average void period increased slightly, the national average remains low, indicating that the market is strong heading into autumn.
Topics: Data
Rental yields on student lets are climbing steadily across England according to a new analysis by Goodlord. In good news for landlords, the upcoming university term, which many students hope will provide a welcome return to normality, looks set to bring the student lettings market back into a period of steady growth.
Topics: Data
The lettings market in England experienced a hugely busy July, with rents up and voids down across the board, as demand for rental properties goes from strength to strength. The latest Goodlord Rental Index showed that average rental costs are now well above the 12-month rolling average, voids are at their lowest level since August 2019, and tenant salaries are at their highest in Rental Index history.
Topics: Data
While all eyes were on the sales market ahead of the June 30th Stamp Duty deadline, the lettings market recorded a strong month according to the Goodlord Rental Index, with voids continuing to decrease and rents strengthening across England.
Topics: Data
The rental market roared back to life in May after a steady start to 2021, with void periods diminishing across the country, according to the latest Goodlord Rental Index. Despite the sales market taking centre stage following the stamp duty-induced frenzy, the increasingly strong performance for lettings is set to dominate the narrative this summer. Across the country, voids are tumbling and rents continue to be more resilient than predicted.
Topics: Data
Rents held steady across England whilst the salaries of renters rose during April, according to the latest Goodlord Rental Index. However, as lockdown restrictions eased and the population focused on enjoying their new freedoms, voids rose in most areas of the country.
Topics: Data
The latest Goodlord Rental Index shows a buoyant lettings market in March. Tenant incomes rose across England, with rents increasing alongside. The average void period also stayed steady month on month.
Topics: Data
The pandemic has had a major impact on the student rental market, a new analysis by Goodlord has revealed. During 2020, revenues from student lets dropped by 30% compared to figures from 2018 and 2019.
Topics: Data
One year ago, the lettings market ground to an abrupt halt. With viewings and moves prohibited under all but the most exceptional circumstances, the whole industry scrambled to cope with this dramatic turn of events. In the 12 months since, letting agents and landlords have worked tirelessly to get the industry back on track and enable tenants to safely move house. We reviewed the highs and lows of the past year by the numbers, with volumes tracked using our Lettings Activity Tracker.
Topics: Data
