The next six months will see a huge increase in demand for rental properties, landlords and letting agents have been told.

Renting app Tlyfe says its survey of over 1,000 tenants reveals that nearly 60% of renters said they were planning to move during the first half of 2025.

The reasons for this surge in demand are multi-faceted says OpenBrix, the company behind Tlyfe, but the most common reason it found included “too many problems with their existing property” at 21% of respondents followed by a desire to find a larger home (16%), move to a cheaper property (14%), move to a new area (14%) or because their existing tenancy was coming to an end.

The survey also found that half of those keen to move either immediately or later this year had yet to get their paperwork prepared or get their home moving plans into gear – yet.

Surge

“Competition for rental properties is fierce and this demand is only set to grow further as we see the usual surge in market activity from tenants looking to make their move for the year ahead,” says Adam Pigott (pictured), CEO of OpenBrix.

“Such is their desire to move, that the majority will be doing so before the Renters’ Rights Bill comes into play and, given the lack of stock to meet rental demand, this is probably a smart move if they hope to find a suitable rental property without little complication.

“But it’s clear that many tenants aren’t ‘rent ready’ and this could put them at a severe disadvantage against the competition.

“At the absolute least, you need to have your documentation in order, be proactive in contacting agents in your desired area and have a deposit accumulated to ensure you can act immediately.”