Tenant demand is still high!
According to a recent survey of landlords, tenant demand is only increasing across 2021, with record heights seen in the third business quarter of this year.
*
Seven in ten landlords (69%) have remarked on this development within the lettings sector. Of those, 36% believe the increase to be ‘significant’.
The highest levels of confidence were present in the South West and South East, where 79% and 74% are seeing promising conditions for investors.
Key drivers behind the rise in tenant interest include factors relating to the pandemic, seasonal trends and the new wave of graduates starting new jobs or students beginning the academic year in rented accommodation.
Have you been considering expanding your portfolio?
Ahead of the new year, we’d urge you to consider your options as a landlord. For a profitable 2022, here are some items you should be taking the time to review:
1) What are your tenant screening processes?
Whilst the eviction ban has lifted, if there’s one thing the last year has taught us, it’s to prepare for every eventuality.
You need to have rigorous checks in place to secure the best financial future for yourself and your investments, so rather than go it alone, you could defer to an experienced lettings agent in your local area to help you locate reliable tenants.
2) Larger homes have seen the steepest rise in value, but regardless of your property type, it is worth having the rental value re-assessed so that you don’t lose out on your rental income.
3) Are you safeguarded against any future losses?
If tenants can’t or won’t pay, rent guarantee insurance can offer you a lifeline when it comes to keeping up with your mortgage payments and outgoings in the meantime.
Do you need to speak with one of our trusted local agents? Visit our website today.
*Paragon Bank
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 autumn deadline student tenants need on their radar
The autumn deadline student tenants need on their radar Most of the changes introduced by the Renters' Rights Act on 1 May 2026 work in tenants' favour: stronger security of tenure, no more no-fault evictions, and the freedom to leave at any point with two months' written notice.
What your landlord must do with your deposit, and by when
What your landlord must do with your deposit, and by when When you hand over a deposit at the start of a private tenancy in England or Wales, the law sets out precisely what your landlord must do with it and when.
Why first-time buyers pay wildly different stamp duty depending on where they buy
Why first-time buyers pay wildly different stamp duty depending on where they buy First-time buyers in England start from the same point on paper: a stamp duty relief threshold that means no tax is paid on the first £300,000 of a purchase price.
Three heatwaves, three dips, one resilient buyer market
Three heatwaves, three dips, one resilient buyer market The summer of 2026 tested the UK property market with an unusual combination of pressures: three separate heatwaves, a World Cup, a period of political uncertainty, and elevated mortgage rates following the conflict in Iran.
