The latest figures from Homelet show that the average rent in the UK (including London) has reached another record high of £1,091 per calendar month (pcm), up 2% on March 2022. With London excluded the average rent in the UK is now £920 per calendar month, which is up 1% on March, according to HomeLet Rental Index.
Andy Halstead, HomeLet & Let Alliance CEO, said:
“Considering the increasing difficulty for tenants to pay rent, and the fact that our internal data shows that fraud is on the rise, it is impossible to escape the conclusion that it is vital for agents to protect their landlords and keep a strong relationship with them by using high quality referencing checks and a water-tight rent guarantee product.”
Rook Matthews Sayer’s specialist lettings team have this covered and more! Our 28 person strong lettings team carry out thorough referencing checks in house and everything is recorded on our specialist property software, Veco.
Landlords, let us help you in the areas where you need support the most, you can then enjoy worry free tenancies knowing you have it all wrapped up. Check out our different landlord packages here. With 18 prospective tenants register for every rental property we market**, we are more than ready to help fill your property. Landlords, click here to see what we can do for you, or contact your local branch for a rental valuation today.
Andy Halstead stated further:
“A broader analysis of the Rental Index data confirms that the demand for rental properties is continuing to outweigh supply massively, which will surely lead to continued price rises to differing extents across the country.”
At Rook Matthews Sayer, we have around 786 prospective tenants register each month**, which is HIGH DEMAND. So if you’re looking for a tenant click here or call us to request your free no obligation rental valuation!
In the North East, asking rents have risen from £589 to £594 from March 2022 to April 2022, with an annual increase of 7.0%.
Don’t delay, contact your local RMS branch or book online today for your free, no obligation valuation!
If you’re still looking for your next home browse our fabulous rental properties here.
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Article & Graphic Source “UK rents hit new record high”, Property industry eye, 06/05/2022
**Source: Internal data: 01.01.21- 31.12.21 average monthly figure.