Property letting and sale indicators are seen above outlets in south London. Photograph: Reuters/Toby MelvilleNew knowledge on the amount of housing lets agreed between May and September, in contrast with the identical interval a yr in the past, has introduced the inequality within the UK housing market into sharp reduction.Whereas there was a small enhance of 1.3% of houses let in high 10% of prosperous areas of Britain, the identical measure within the least prosperous areas was 14.8% decrease, in line with analysis by property company group Hamptons Worldwide.Equally, the variety of new directions coming onto the rental market within the least prosperous areas was down 17.7% over the identical interval.In the meantime, the entire variety of houses let between May and September 2020 fell by 5.3% in comparison with the identical interval in 2019.Nationally, rental development has flatlined for the sixth month operating. In the meantime, the variety of areas recording lease falls because the begin of COVID-19 UK lockdowns in March fell to its lowest stage.Rents in London fell for the seventh consecutive month in September, down 2.9%, however the charge slowed in contrast with August. These falls have been pushed by rental developments in internal London. Rents fell 14.1% in September in comparison with the identical time final yr.Different analysis concurs with this knowledge. An evaluation by property website Rightmove (RMV.L) printed on Thursday illustrated a continued rush to maneuver to smaller, extra rural areas, with lockdowns and dealing from dwelling fuelling an obvious exodus from smaller houses in busier city areas.Rightmove figures present searches have doubled in small cities and villages, in comparison with solely a 53% rise within the 10 largest cities.“Back in May when the market reopened in England we wondered how long the desire to move to the country or to smaller towns and villages would last. It’s clear that this short-term shift has turned into a medium term trend,” said Tim Bannister, director of property data at Rightmove.”Some buyers are now more willing to have a country commute a few times a week, and others are preparing for social distancing to be here for quite some time yet, and so are being drawn to places with more outdoor space,” he added.Story continuesREAD MORE: Geneva to introduce world-record £19 hourly minimum wage“The rental market continued to bounce back in September, yet some of the least affluent areas have seen the rate of recovery move backwards,” mentioned Aneisha Beveridge, head of analysis at Hamptons Worldwide. “This will weigh down on the market’s revival as a whole, meaning despite strong year-on-year growth in the number of homes let between July and September, it is likely that fewer tenants will move in 2020 than in 2019.”Yr-on-year (May – September 2020) change within the variety of new directions and houses let. Chart: HamptonsDespite a stark distinction between the highest and backside ends of the affluence spectrum, total the variety of lets agreed is on the up.From July onwards there have been extra lets agreed than on the identical time final yr. And by September the variety of lets within the wealthiest areas of the nation was up by in extra of 20% in contrast with September 2019.Watch: UK property: What’s shared possession?