The most striking feature of the July 2018 survey is the continued reduction of new property being put on the market in the lettings sector with nine per cent more respondents seeing a fall rather than rise in new landlord instructions. This is the eighth consecutive quarter in which this indicator has recorded a negative number.
Survey in brief
Lettings data continues to underline the impact of tax changes on supply of property to rent. Sales market remains broadly flat at the national level.