Landlords have reported huge demand for rented property with tenant enquiries reaching a five-year high, the National Residential Landlords Association has reported.
The trade body quizzed its members in England and Wales and 39% confirmed that demand for homes to rent had increased in the second quarter this year – an eight per cent increase on the first quarter.
This surge takes the rental market to its highest level of activity since 2016, the NRLA says, pinning the unusual figure on the relaxation of COVID restrictions and a more buoyant economic outlook.
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