Lettings industry 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. 

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. 

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.

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. 

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.

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.

The latest Goodlord Rental Index indicates that February was another strong month for the lettings market, with rents holding steady and voids falling as tenants start to look beyond the pandemic. Following a better than expected performance for the lettings market in December and January, February figures provide additional cause for optimism for agents and landlords.

The latest lockdown measures appear to have slowed the lettings market somewhat during January, with void periods increasing across the board according to the latest Goodlord Rental Index. However, rents are holding steady despite the slower pace of lettings, and tenants' incomes have improved compared to December. 

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.

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.