New tenancies in summer
11/06/2024
- As many start to think about the end of term and summer holidays, letting agents are gearing up for a busy few months. Around a third of all new tenancies for the year will start in the next 3 months.
- On average, a third of new rental contracts start during July, August and September according to data covering 2016-2024 from Dataloft Rental Market Analytics by PriceHubble.
- At this time of year, large numbers of rental homes change hands as graduates start new jobs, students arrive at university for the first time and others move in with friends.
- The number of students applying for university or college in 2024 is 0.7% higher than 2023 and the second highest number on record which will further increase demand this year. Source: #Dataloft Rental Market Analytics by PriceHubble
