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

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...