Latest News

Government extends support to stop business evictions in 2020

17 September 2020

Robert Jenrick, Secretary of State for Housing, announced yesterday, 16 September, that all commercial tenants will be protected from the risk of eviction until the end of this year. Read More...

Evictions post 20 September 2020

17 September 2020

The UK Government has published an updated form relating to property possession claims brought before 3 August 2020 that must be reactivated. These relate to claims already received by the court. Read More...

Mayor of London calls for a two-year freeze on private rents

16 September 2020

Today, 16 September, the Mayor of London, Sadiq Khan, wrote to the Secretary of State for Housing, Communities and Local Government, Robert Jenrick, calling the Government to give him the powers to freeze private rents as the economic fallout from COVID-19 continues. Read More...

10 years of Gas Safety Superheroes

16 September 2020

Propertymark advocates for only the highest standards in the property industry, and this week during Gas Safety Week, we want to highlight the impacts of not doing the proper checks on your properties. Read More...

Demand from tenants and rental supply highest on record for June

Thursday 30 July 2020

ARLA Propertymark’s Private Rented Sector (PRS) June report saw the number of new prospective tenants continue to rise, following the Government’s COVID-19 lockdown, with the average branch registering 79 new tenants, compared to 70 on average in May.

Year-on-year, this number of new prospective tenants is the highest recorded for this period, with a previous record of 71 in June 2019 but this is still down on pre-lockdown figures, when there was an average of 82 prospective tenants registered per branch in February.

On the market

Like the number of perspective tenants, the number of rental properties on the market also continued to pick up with amount of properties managed per branch reaching an all-time high. 200 properties on average were managed per branch which is down slightly from 208 in May, but still sets the market up for an active summer compared to the usual seasonal lull.

Rent rises

The number of tenants experiencing rent rises increased, with 29 per cent of agents witnessing landlords raising rent compared to just 14 per cent in May. However, this is still the lowest number for the month of June since 2016.

Void properties

The average time properties were empty between tenancies decreased to four weeks in June from five weeks during May. This is still the longest period on record properties have remained void between tenancies for the month of June, with a previously consistent figure of three weeks.

The full report

Quote mark

Our latest figures show that the rental market is continuing to pick up following the COVID-19 lockdown.

The record-breaking supply of rental stock and demand from tenants for this time of year paints an optimistic picture for the summer months, indicating that the market will be more active than the usual seasonal lull.

As the market continues to recover from the pandemic, it’s essential that everyone continues to keep up with their rent in order to sustain the market and help boost the economy during these uncertain times.

Phil Keddie

PHIL KEDDIE 
ARLA Propertymark President