1 in 5 Landlords will be Increasing Rent in 2021 with London being Most Likely Region for Rental Increase

The National Landlord Index published by Accommodation.co.uk, has uncovered that the vast majority (90.2%) of landlords have a good relationship with tenants and 82% have also committed to not increasing rent in 2021. This new report highlights that many landlords are conscious of the financial difficulties the pandemic has caused their tenants and are aiming to keep rent as affordable as possible in 2021.

Nearly a fifth (18%) of landlords, however, stated they would be increasing rent in 2021 and out of these properties the most likely region to see a rental rise was London with 35% of the total, followed by the North West and West Midlands both with 21%. Many regions had no landlords stating they would increase rent including Scotland, North East, East and Northern Ireland.

Accommodation.co.uk offers landlords an award-winning unique hybrid model, using a combination of market leading tech and on the ground agents with local knowledge and expertise. It has proven to be a winning formula for both landlords and tenants across the UK. The flexible model means the agency can quickly learn and adapt to national trends and demands across the rental sector.

Aaron Short, Founder and CEO at Accommodation.co.uk, added, “We are always listening to our landlords and tenants to understand the needs of the market and this is why the National Landlord Index remains so important. Knowing how landlords are managing their tenant relationships and rental costs gives us vital information to understand the future lettings market and ensure this is reflected in our offering.

At Accommodation.co.uk we have been at the forefront of updating this archaic industry and we believe our award-winning model offers tenants and landlords the best solution in the current market.”

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