Private property rental market in UK buoyant as voids reach eight year lows

[Nicholas Wallwork]

It has fallen from 3.6 weeks to 3.2 weeks compared with the previous quarter, the latest figures from the Association of Residential Lettings Agent (ARLA) show.

The average number of new tenancies signed up compared to the preceding survey has also increased in line with seasonal trends. ‘The rental market is incredibly strong at the moment for those working within the industry,’ said Ian Potter, operations manager of ARLA.

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