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CORONAVIRUS UPDATE

See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 274,762 | UK Deaths: 38,489 SEE MAP Italy Confirmed cases: 232,997 | Italy Deaths: 33,415 | Italy Recovered: 157,507 SEE MAP Spain Confirmed cases: 239,479 | Spain Deaths: 27,127 | Spain Recovered: 150,376 SEE MAP See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 274,762 | UK Deaths: 38,489 SEE MAP Italy Confirmed cases: 232,997 | Italy Deaths: 33,415 | Italy Recovered: 157,507 SEE MAP Spain Confirmed cases: 239,479 | Spain Deaths: 27,127 | Spain Recovered: 150,376 SEE MAP

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TODAY'S OTHER NEWS

Rents set to rise as lettings stock not keeping pace with demand - RICS

Tenant demand edged up in the three months to January, according to RICS, but landlord instructions have fallen back - suggesting rent rises are on the way.

The latest Royal Institution of Chartered Surveyors’ market snapshot shows a significant imbalance between demand and supply. 

An exception to the rule is London, where RICS says most surveyors responding to its research suggested rents were still dipping. 

RICS says rents are expected to stay roughly static in the South East but are set to move higher elsewhere.

“Lack of inventory on agents’ books continues to provide a major challenge with the number of valuations being undertaken not suggestive of a pick-up in new supply anytime soon” explains Simon Rubinsohn, RICS chief economist.

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