Rental Price Growth To Outpace Sales Growth

 

Quealy & Co, the estate and letting agents in Sittingbourne have discovered that over 60% of properties placed on the rental market are being snapped up by renters within a week of being listed, one in six letting within 3 days!

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Less than 3% of properties are currently on the market for more than 2 weeks!

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Email (65%), phone (22%) and WhatsApp (12%) are the preferred ways renters wish to be contacted by agents if there is a new property on the market that meets their requirements.

Rental price growth is anticipated to outpace sales price growth in the UK market over the next five years.

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Free advice for Kent landlords

If you need marketing advice as a landlord in Kent, get in touch with the Lettings and Property Management team at Quealy & Co in Sittingbourne, by giving us a call on 01795 429836 or email hello@quealy.co.uk.

We can advise you on how to achieve the best possible price for your rental property, while helping you to maintain compliance and keep your tenants comfortable.  

Source: Dataloft, poll of subscribers March 2023