New Statistics Show High Rental Demand for 2023
The number of people currently inquiring about homes to rent has increased by roughly 23% since last year, while a recent Zoopla report highlights that rental inquiries per estate agency branch are 46% above the 5-year average.
On the other hand, the current stock of homes for rent is 38% below the average of the past five years and 4% below what it was in November 2021, highlighting the supply gap that the UK currently faces.
In many cases, this has resulted in lets being agreed upon before viewings have even taken place and instances in which potential tenants are