Almost half of lettings agents are reporting nervous landlords following Brexit, with 12% reporting asking rents have fallen over the past 10 days. One in nine agents told Arla they have experienced an immediate dip in rents following last month’s Brexit result. “If one thing is clear following Brexit, it’s that supply and demand remains a real issue in the rental market,” said Cox. “What we need is some certainty from the new government that housing remains a priority with the rental market playing a central role. David Cox, managing director of Arla said the rental market has so far responded to Brexit in a calm fashion but warned continued uncertainty could cause turbulence in the rental market over the coming months.

Source: The Guardian July 25, 2016 14:45 UTC