The number of prospective new tenants registering with agents in September was 56% higher than last year, says Knight Frank.

Data from Openpropertygroup.com calculated affordability ratios based on new-build house prices compared with workplace earnings.

Agents set to benefit as staycation demand continues and tax breaks make holiday lets ‘a nice little earner’.

Leafy suburbs are enjoying a renaissance as buyers look for bigger houses and gardens – which are being used as extra living space.

Loophole in the CMP legislation has played its part in the situation some agents find themselves in, says Jenny Markham of The Letting Partnership.

Agent took on eight properties on rent-to-rent basis but struggled to fill them due to the Covid pandemic.

The fall-through figure of 11% for the last quarter is the lowest since 2006 and is down 28% on the previous quarter.

RentProfile app uses the latest Open Banking technology to allow a standing order to be completed with just a few taps.