Many people might believe that spring is the most popular month to move homes, but recent research from storage experts Safestore shows that summer is actually the most popular season to move, with 29% of the UK deciding to move during the warmer months, compared to just 23% in spring.
July was found to be the most popular month to move in the UK, with Scotland, North East, North West, and the South West all making the move during this time. London, South East and the East of England preferred August in hopes to be settled before the new school year.
How popularity affects rental prices
The increase of people moving during the summer months was also reflected in rental enquiries, as they reached their highest level during July and August being the 2nd and 1st ranked months for enquiries regarding property lettings in the year.
If prospective renters want to keep their costs down, they may want to consider moving outside of the most popular months.
England saw the sharpest rise overall, particularly from April to August, with rental prices fluctuating between 2.32% and 2.23%. England also had the highest rental price increases compared to Wales and Scotland.
Wales had the lowest rental price increases, with July seeing the highest increase at just 0.67%. Scotland also remained below 2%, with the highest increase being seen in April at 1.15%.