After a fairly slow start to the year and tenants staying put, the last six weeks have certainly picked up; we think the weather might have had something to do with this. We’re seeing a lot of activity in the rental sector and very strong demand for all types of properties between one and three bedrooms.
I would say over the past month, we are typically letting a new property coming onto the market, within three to four days; with an average of 8 to 10 viewings. The advantage of this for Landlords, is that we’ve also been able to pick the right tenant for the property.
Also, we’re extremely short of properties. So, if you have a property which is due to come onto the market or know of someone whose property is due to come onto the market, we would be delighted to hear from you, as we have a large number of applicants waiting.
In the student sector, graduation is the week after next, so we are busily getting ready for the turnaround and also, and this may surprise you, getting ready for the re-letting season which will come into force in late October. If you’re looking to contact us with reference to us letting your student house for the next academic year 2019/20, please contact us now and don’t leave it until October, when your new tenants have moved in; it’s better to have the property prepared with the full details and photos done, whilst the property is empty during the summer months.
Next month’s newsletter will be about some exciting developments in our Sales Department.