Flatshare demand down slightly

Published on

The average number of potential tenants competing for each rental room on the market is down to 3.4 from from 4.1 in the height of the 2011 summer market, according to flatsharing website easyroommate.co.uk.

Its analysis of over 86,000 room rentals around the country, and 30,000 flathunters’ profiles, found that in December, the number of renters registering to find a room fell by 13% compared to June 2011. At the same time, the supply of rental rooms has increased steadily, with a rise of 7% over the same period.

Jonathan Moore, director of easyroommate.co.uk, said: “Tenants looking for new houseshares will have breathed a sigh of relief as competition for accommodation eased late in the year. A combination of a seasonal drop-off in tenant demand

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Ministerial cock-ups could kill radical property taxes

At first it might appear that the mortgage industry and the housing sector as...

Brilliant Solutions outperforms market amid record year

Brilliant Solutions has reported record figures for its mortgage club, which it says has...

Nationwide drops mortgage rates to 3.64% in latest round of cuts

Nationwide Building Society will reduce rates across its mortgage range on Wednesday, with cuts...

Ingard partners with Usay Compare to widen advisers’ PMI offering

Ingard Network has formed a partnership with private medical insurance specialist Usay Compare, giving...

MAB appoints new transformation director to boost customer acquisition

Mortgage Advice Bureau (MAB) has appointed Alan Longhorn as transformation director for customer acquisition. Longhorn,...

Latest publication

Other news

Ministerial cock-ups could kill radical property taxes

At first it might appear that the mortgage industry and the housing sector as...

Brilliant Solutions outperforms market amid record year

Brilliant Solutions has reported record figures for its mortgage club, which it says has...

Nationwide drops mortgage rates to 3.64% in latest round of cuts

Nationwide Building Society will reduce rates across its mortgage range on Wednesday, with cuts...