Big increase in tenants using letting agents

The number of tenants saying they are using letting agents to find a place to live has increased 12 per cent in the past year claims Zoopla.

It says 48 per cent of tenants used a letting agent to source accommodation this year, a significant uplift from the 36 per cent recorded last year.

The portal says increasing demand for agents’ services will come as a welcome boost for the industry, which is concerned that revenues will fall as a result of the lettings fee ban due next year.

Read the full story at Letting Agent Today.

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