Page 2 - Richard Kendall Property Guide October 2021

If you’ve seen the headlines you will be well aware the property market as a whole, and particularly the rental market, is booming. Demand is far outstripping supply on both sides of the market, but lettings has felt the effects of this most acutely.
The latest data from Rightmove tells us that in the second quarter of this year, rents outside London hit an average of £1000 per calendar month for the first time. In the Yorkshire & Humber region average rents were £779, a 6.9%
increase on the previous year. The data also tells us that rental properties are
led to a 36% annual drop in the number of properties that are available to rent.
over the last three months we are letting properties in JUST 7 DAYS on average! This just illustrates the huge demand there is in our area.
If you have a property that you are considering renting out please get in touch and we will give you all the latest local market information and hold your hand to make sure everything is covered before you market your property to find a tenant. There is so much to consider - put your trust in us for peace of mind as standard.
being let faster than ever, with the UK average now just 21 days to find a suitable tenant. This has
Here at Richard Kendall we have found that properties are letting even faster than this – our records show that
Ready, Set, Let!
The property market is booming, so is now a good time to become a landlord?
66 Northgate Wakefield 01924 291294 | 5 Station Road Ossett 01924 266555 | 4 Cluntergate Horbury 01924 260022
10 High Street Normanton 01924 899870 | 15 Cornmarket Pontefract 01977 798844 | 46 Carlton Street Castleford 01977 808210
2 richardkendall.co.uk Editorial