Benham and Reeves found that 33 of the 48 counties have experienced an increase in the volume of available rental homes on the market.
The area with the most improvement was the capital, showing property investment in London continues to be popular. The City of London had a yearly rise of 44.3%, while Greater London’s available stock expanded by 34.7%. Outside of London, Nottinghamshire saw the biggest jump, with an increase of 28.2% in market listings compared to last year.
As mentioned, most other countries saw an increase, albeit not at the surging rate seen in London. This includes North West areas, for example, Greater Manchester experienced an increase of 9.6% and Merseyside listings rose by 5.5%.
However, some counties registered a drop in available rental homes. Some of the worst-hit areas were Cheshire (-9.7%) and the West Midlands (-11.4%), but the area with the steepest decline was Leicestershire (-17.3%).
