{"id":2593652,"date":"2022-02-15T16:09:05","date_gmt":"2022-02-15T16:09:05","guid":{"rendered":"https:\/\/hometruthslancs.co.uk\/?p=2593652"},"modified":"2022-03-04T09:58:25","modified_gmt":"2022-03-04T09:58:25","slug":"lettings-market-update-february-2022","status":"publish","type":"post","link":"https:\/\/brightred.dev\/hometruths\/lettings-market-update-february-2022\/","title":{"rendered":"Lettings Market Update | February 2022"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2593652\" class=\"elementor elementor-2593652\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ab48ec3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ab48ec3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d0388f0\" data-id=\"d0388f0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c664a57 elementor-widget elementor-widget-heading\" data-id=\"c664a57\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.3 - 12-04-2022 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">The rental Market remains robust<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-958a656 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"958a656\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ccb4702\" data-id=\"ccb4702\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-50e3e81 elementor-widget elementor-widget-image\" data-id=\"50e3e81\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.3 - 12-04-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img width=\"940\" height=\"788\" src=\"https:\/\/brightred.dev\/hometruths\/wp-content\/uploads\/2022\/02\/Property-Market-Update-1.png\" class=\"attachment-full size-full\" alt=\"Lettings Market Update February 2022\" loading=\"lazy\" srcset=\"https:\/\/brightred.dev\/hometruths\/wp-content\/uploads\/2022\/02\/Property-Market-Update-1.png 940w, https:\/\/brightred.dev\/hometruths\/wp-content\/uploads\/2022\/02\/Property-Market-Update-1-300x251.png 300w, https:\/\/brightred.dev\/hometruths\/wp-content\/uploads\/2022\/02\/Property-Market-Update-1-768x644.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-385586e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"385586e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9f685e1\" data-id=\"9f685e1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-48c5df8 elementor-widget elementor-widget-heading\" data-id=\"48c5df8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Lettings Market Update February 2022<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2836637 elementor-widget elementor-widget-spacer\" data-id=\"2836637\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.3 - 12-04-2022 *\/\n.e-container.e-container--row .elementor-spacer-inner{width:var(--spacer-size)}.e-container.e-container--column .elementor-spacer-inner,.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dab77aa elementor-widget elementor-widget-text-editor\" data-id=\"dab77aa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.3 - 12-04-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>The rental market has started 2022 strongly; demand for property remains high and rental value growth is currently outperforming property prices in many areas across the UK.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7fefc05 elementor-widget elementor-widget-spacer\" data-id=\"7fefc05\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-908a5c6 elementor-widget elementor-widget-text-editor\" data-id=\"908a5c6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Rightmove report rental price inflation is outpricing property price growth in all but the East Midlands, South East and South West.\u00a0 Asking rents in the final quarter of 2021 rose at their strongest ever level.\u00a0 As restrictions continue to emerge, competition for available property is high.\u00a0 The average monthly rent in England and Wales in the year to January was up 11.6% on a year ago.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9e46319 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9e46319\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-113e629\" data-id=\"113e629\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5ceb0fa elementor-widget elementor-widget-heading\" data-id=\"5ceb0fa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Exciting changes could be ahead for the rental market....<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9ea2cfa elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9ea2cfa\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5249272\" data-id=\"5249272\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-181b51a elementor-widget elementor-widget-text-editor\" data-id=\"181b51a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The government&#8217;s recent white Paper, unveiled plans to reform the private rented sector proposed reforms would mean that all homes would need to meet a minimum standard and Section 21 &#8216;no fault&#8221; evictions could be abolished. The government is also set to consult on the introduction of a landlord register, with fines and bans being imposed on non-conforming landlords.\u00a0 We will keep you updated on these proposals.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ec28494 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ec28494\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-24c49fa\" data-id=\"24c49fa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f382e27 elementor-widget elementor-widget-heading\" data-id=\"f382e27\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Research indicates that 88.2% of landlords, expect to maintain or increase their portfolio over the course of 2022\/2023.  <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0e2875b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0e2875b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ff73900\" data-id=\"ff73900\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ba92fc9 elementor-widget elementor-widget-text-editor\" data-id=\"ba92fc9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Research from (<a href=\"https:\/\/inform.dataloft.co.uk\/ig\/ODEw\/OTg1\">Dataloft, Property Academy Landlord\u00a0 Survey, 2021<\/a>) indicates that 88.2% of landlords expect to maintain or increase their portfolio over the course of 2022\/2023.<\/p><p>Lettings Manager (Home Truths Sales and Lettings) Lewis Spensley comments that<\/p><blockquote><p>&#8220;The local lettings market has started the year strongly with increased demand for rental property. &#8220;The market is very busy, with huge demand for rental properties.\u00a0 This increase in demand has led to properties being rented very quickly which has led to rental price growth in our area&#8221;.<\/p><\/blockquote><p>For more information about becoming a Landlord or to arrange a valuation of a property you are thinking of letting, please do give our team a call on Eccleston 01257 451 673 | Coppull 01257 794 588.<\/p><p>For an idea of what your property may let for per calendar month, grab an instant lettings valuation here:<\/p><p><a href=\"https:\/\/valuation.hometruthslancs.co.uk\/\">https:\/\/valuation.hometruthslancs.co.uk\/<\/a><\/p><p>We hope that you enjoyed this<\/p><p>Lettings Market Update February 2022, keep your eyes peeled for next months update.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a68d150 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a68d150\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container 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high and rental value growth is currently outperforming property prices in many areas across the UK. Rightmove report rental price inflation is outpricing property price growth in all but the East Midlands, South East [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2593653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.5.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lettings Market Update | February 2022 - Home Truths<\/title>\n<meta name=\"description\" content=\"Lettings Market Update February 2022. Take a look at our report to find out all of our predictions for February 2022.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lettings Market Update | February 2022 - Home Truths\" \/>\n<meta property=\"og:description\" content=\"Lettings Market Update February 2022. 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