Wednesday 21 December 2011

Why December is the best month to rent a new home | Mail Online

Why December is the best month to rent a new home | Mail Online

December is the optimum time for renters to find a new property according to research, as the festive period creates a market slowdown which pushes down prices.

Findaproperty.com’s monthly property review found rental prices fell 1.5 per cent last month and are expected to fall again this month before rebounding in the New Year.

Rental prices reached record highs earlier in the year, peaking at £890 per month for an average property in September - equivalent to half the average household’s net earnings per month.

However, the festive period creates a small window of opportunity for those looking to find rented accommodation and wanting to secure favourable prices.

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