UK Lettings Market Pickup in May, London Still Slow

  • UK lettings market picked up in May 2018
  • London saw declines in new listings but an increase in rental transactions

According to the Agency Express Property Activity Index, the UK lettings market has picked up in May 2018, with new listings to let and properties that have been successfully let rising by 3.6% and 2.0%, respectively, on a month on month basis.

May’s top performers for new listings in the UK were the West Midlands (up 14.4%); London still was among the largest decliners (down 11.3%) although properties let in London in May rose by 7.1%.

The full report can be found here.

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