Eight in ten letting agents expect rents to rise in 2017
according to the latest Private Rental Sector (PRS) report from the Association
of Residential Letting Agents (ARLA). The report, which is the first since the
Chancellor’s announcement to ban letting agent fees for tenants during his
Autumn Statement, revealed that demand from prospective tenants fell again in
November. The rental market continued to cool ahead of Christmas with 32
prospective tenants registered per letting agent branch, compared to 34 in
October but 53% of agents expect to see a rise in demand next year. Read more
on Housing Excellence.
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