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Thursday, March 23, 2017

ARLA's latest PRS Report

ARLA have published their February 2017 Private Rented Sector Report

Their key observations from February

  • Rent increases in London are slowing
  • Overall, the supply of rental stock decreased  
  • Demand for rental properties remained the same 
  • Tenants stayed in rental properties on average - 18 months
  • It takes an average of six viewing to let a property
  • Average rental void period was three weeks 

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