The rental market is about to enter its busiest time of the year. Analysis from Dataloft Rental Market Analytics reveals that 40% of tenancies are set to expire in July, August and September.
Usually the surge in activity is a combination of students seeking accommodation, graduates starting new jobs and families looking to settle into new homes for the next academic year.
Post lockdown other factors may influence homemovers; more green space, closer to friends and family and a home office.
With 14% of tenancies set to expire in July, 16% in August and 10% in September, agents look set for a busy summer, whether renewals or new tenancies. Source: Dataloft Rental Market Analytics and Dataloft Homemover Survey.