Changing priorities—and changing needs—continue to shape demand in the lettings market. In early December, we surveyed our network of landlords and tenants to capture how they felt the market has been impacted by Covid-19.

The results point to a divide between the rental expectations of London landlords and tenants over the short term. While almost 40% of landlords anticipate rents will stay the same over the next 12 months, many tenants think rents will continue to fall. By contrast, in the markets outside of London, tenants and landlords look to be slightly more aligned, with the majority expecting rents will either stay the same or increase slightly over the next year.

On 2nd February 2021, we held a webinar to present our findings and what they could indicate for the next five years. Lucian Cook, Head of Residential Research, Jessica Tomlinson, Research Analyst, Jane Cronwright-Brown, Head of Residential Lettings, and our panel of experts discussed both the survey results and what’s next for the residential lettings market. For further insight, please read our latest spotlight on prime rents for Q4 2020, which examines recent prime rental movements and our predictions for future supply and demand.  

We hope you enjoy listening to this presentation. If you would like to subscribe to our research or be invited to future webinars and events please sign up here.

If you’re interested in letting your property with Savills, please do get in touch with us by arranging your valuation here.