The seasonal cool off appears to be in full effect for the UK rental market, with October data from Goodlord revealing that the average cost of rent decreased and void periods climbed in all regions monitored by the firm.
According to the data, rents dropped across the board during October. This follows several months of buoyancy for the lettings market fuelled by post-lockdown demand. Across the UK as a whole, the average cost of rent decreased by 9%.
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