Estate agents in the borough are getting hundreds of viewing requests for rental properties, it has been revealed.
The UK’s overheated housing market has left renters battling to secure viewings and find a place to live.
The high demand and low supply mean agents are bombarded with potential tenants whenever a new property goes on the market.
A spokesperson for Woo Properties, on Carlton Hill, Carlton, said: “It’s crazy.
“There are not enough properties for the number of people.
“We get hundreds of viewing requests for two-bed properties.
“People are staying put and not moving, and landlords are not putting houses up.”
A standard two-bed property will cost a renter on average £750 a month.
Private landlords are also facing increasing costs, with a selective license from Gedling Borough Council costing around £900.
James Roys, a director at David James, said of the rental market: “It’s a horrible place to be in right now. Not a nice market for tenants to be in.
“We’ve had in excess of 120 people fill out an application for a property, and if you have that number of applicants, ultimately you have to disappoint 119 people.
“A huge amount of work goes into it from an agent’s perspective, but it just feels like you’re spreading bad news and we don’t want to do that.
“It’s unprecedented demand, not in our 15 years of property management have we seen the demand of the last 18 months.”
Jack Dickens, property manager at Holden Copley, revealed most properties are snapped up in days.
He said: “Properties pretty much always go within the first week of being available.
“Compared to the last couple of days, the market has settled a bit.
“Two-bed properties were creeping up to around £795 a month but we have seen that settle now.
“At Holden Copley we do block viewings, and on average we get around 10 or 11 requests per block, but it can also be anywhere from 10 to 30.
But Josh did have some advice for prospective renters to increase their chances to secure a tenancy.
He added: “It is always good to show security to a landlord, whether that be previous landlord references or a good credit score.
“It is obviously different for younger letters who may not have those previous references available.”
