May Property Update

After a very slow start to the month of May for the rental industry, I am pleased to report that things seem to be looking up as the UK emerges from hibernation. We have noticed a significant uptick in rental business over the last week and attribute that to the UK ‘opening up’. With the next stage of unlocking set to go ahead next week we are hopeful that the rental market will continue to gain momentum as we head into the summer months! We have already begun to see enquires from students for the summer, but it is too early to tell if the increase in demand will see rents begin to creep back up. While things are certainly looking up for the rental market, the sales market continues to dominate transactions.