The supply of
rental property has reached an 18-month high, according to the Association of
Residential Letting Agents (ARLA), but demand has also risen. In its September
private rental sector report, ARLA found that letting agents managed on average
193 properties per branch. This is up from 183 in August and the highest level
seen since April 2015 when there were also 193 rental properties registered per
branch. Demand for rental properties also rose in September, with 40 prospective
tenants registering interest per letting agent branch, compared to 37 in
August. Read more on Housing Excellence.
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