propertytalk Live! - Rental boom continues unabated
With rents at an all-time high, the lettings market is the strongest it has ever been according to Spicerhaart Residential Lettings.
The company which operates the haart, Felicity J Lord, Spicer McColl, Haybrook and Darlows agencies in England and Wales says it has never seen such a buoyant market.
Lettings Managing Director Andrew Berry said: “It is unprecedented. Across all our divisions we have seen growing demand for a broad range of rental properties, from one bedroom flats to family homes. Rents are soaring.”
London and the south east are amongst the areas seeing huge increases in rent. In Sutton, Surrey, the monthly rental on a semi detached, four bedroom furnished property increased from £1,475 to £1,800 in just five days and was snapped up on its first viewing.
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