Tenant demand for rural properties is predicted to continue throughout the pandemic
Living through lockdown left many people around the UK rethinking their living situations, and now – as we enter the next phase with the country’s second national lockdown – we’re finding that homeowners and tenants are more motivated than ever to find somewhere that’s more suited to their needs and lifestyles.
Rather than providing us with a sanctuary from workday stresses, our homes have been transformed into temporary office spaces and school rooms, leaving little room for us to unwind and detach from the day’s events.
Recent data suggests that one in five landlords believe that demand for more space will drive tenants from urban areas to the countryside over the next few weeks and months; particularly if remote working becomes a permanent norm for businesses.*
This shift in attitudes is already apparent when you look at migration patterns across the UK.
According to the latest rental market report from Zoopla, there is a supply-demand imbalance supporting positive rental growth across all regions and major cities outside of London.
Have you been thinking about letting your property?
With the UK workforce experiencing its second national lockdown, it’s thought that businesses will become even more reliant on remote working practices, having a knock-on effect for the property market and reducing our need to live close to the office.
If you’ve been considering expanding your portfolio as a landlord, now is the perfect time, with increased demand and value for rural homes.
To find out more, contact our team of property professionals today.
*The mortgage lender
This article was originally published by BriefYourMarket and is reproduced here with their permission.
For more company news and insights from Pygott & Crone, click here
Latest news
The Renters' Rights Act: What landlords need to know now
The Renters' Rights Act: What landlords need to know nowThe Renters' Rights Act 2025 came into force on 1 May 2026, bringing the most significant overhaul of private rented sector legislation in England in more than thirty years.
What's my home really worth? Understanding property valuations
What's my home really worth? Understanding property valuationsBefore you market a property for sale, understanding its value in the current market is the most important preparation you can make.
Void periods explained: How to minimise empty rental months
Void periods explained: How to minimise empty rental monthsA void period is the time between one tenancy ending and the next beginning, during which the property generates no income.
Breaking down the property chain: How it really works
Breaking down the property chain: How it really worksWhen you buy or sell a home in the UK, you are likely to hear the phrase property chain.
