As many start to think about the end of term and summer holidays, letting agents are gearing up for a busy period. This is because around a third of all new tenancies for the year will start in the next 3 months.
On average, a third of new rental contracts start during July, August and September according to data covering 2016-2024 from Dataloft Rental Market Analytics by PriceHubble.
At this time of year, large numbers of rental homes change hands as graduates start new jobs, students arrive at university for the first time and others move in with friends.
The number of students applying for university or college in 2024 is 0.7% higher than 2023 and the second highest number on record which will further increase demand this year.
Do you have a property to rent in Kent?
Whether you are thinking of becoming a residential landlord or are a seasoned investor with a portfolio, get in touch with the Lettings and Property Management team at Quealy & Co.
We can advise you on how to achieve the best possible price for your rental property, while helping you to maintain compliance and keep your tenants comfortable.
Call us 01795 429836 or email hello@quealy.co.uk to chat with a member of our friendly and experienced team about anything to do with your rental property.
Source: #Dataloft Rental Market Analytics by PriceHubble
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