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Rental market survives 'Storm Brexit'

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Published: 26/07/2016   Last Updated: 26/07/2016 17:42:48   Author: Warren Lewis, ARLA    Tags: ARLA, Brexit, Properties, Rental, Warren Lewis

According to the latest report from ARLA, the rental market remains relatively stable in the wake of last month's decision to leave the EU.

Immediately following last month’s Brexit result, the rental market is stable, with little to no movement in terms of rental costs. While a tenth (12%) of agents reported an immediate dip in rent, an overwhelming three quarters (77%) saw no change. This contradicts expectations, as prior to the result a fifth (19%) predicted rents would increase, and a fifth (20%) expected them to fall. Only three in five (61%) thought they would stay the same. Read More