UK letting market momentum for March

March’s data from the Agency Express Property Activity Index has revealed a pick up in pace across the UK letting market, with national month on month figures for new listings ‘To Let’ at 12.6% and properties ‘Let’ at 8.3%.

Across the 12 individual regions recorded by the index, 10 reported increases in both properties coming on to the market and properties ‘Let’

This months top performer was Scotland, closely followed by the West Midlands. Both regions reported record best figures for March.

Commenting on the latest Property Activity Index lettings report, Stephen Watson Managing Director of Agency Express said:

This month’s Property Activity Index has remained by and large true to trend. A few regional pockets have reported record bests, but on a whole demand continues to be greater than supply. As we now move in to April and the Easter holidays we would expect a to see a seasonal dip.

To read the latest Property Activity Index report in full please click here: