Demand for rented accomodation at record levels in July 2010



Demand for rented accommodation reached record levels during the second quarter of the year, research indicated today.

Countrywide, the UK's largest letting agent, said 50,480 people wanting to rent a property registered with it during the three months to the end of June, the highest level it has recorded since it started collecting the data in 2003.

The figure was also 16% higher than demand was during the first three months of the year.

June saw the biggest spike in demand with more than 18,000 new tenants registering for rented accommodation, the highest number ever recorded during a single month and 22% more than in May.


More Info Here :-