Date Published 31 December 2020
* ONS reported a 1.4% annual increase in private rents in November and according to agents, tenant demand was more or less unchanged.
* All regions saw an increase in private rents. The South West saw the biggest annual increase, 2.3%. Scotland had the smallest annual increase, 0.6%.
* Near term rental growth expectations remain slightly positive, with most parts of the UK expecting an increase. London is a clear exception.
*According to Dataloft Rental Market Analytics, 28% of leases are set to expire in Q1 2021, a busy month for agents. Source: Dataloft, ONS, RICS
