Tenant demand uplift seven times the norm as Tenant Fees Act comes in

• Demand from tenants looking for a new place increased 7% between May and June, an uplift seven times bigger when compared to the previous four-year average of just 1% at this time of year
• In London there was a 13% increase in demand from May to June, compared to a four-year average of 4%
• Agents are reporting an increase in enquiries from tenants looking to move now that the majority of tenant fees have been removed
• Nationally (excluding London) asking rents are at a record high of £817 per month, and running at 2.7% up on a year ago as rents continue their steady annual rise