The rental market BOOMS after initial COVID-19 shock!
In the last two weeks we have seen a rebound of 30% in rental demand! As such, we are reassuring and advising our landlords to offer virtual viewings. Take a look at the figures and download your free rental market report here.
The rental market report, taken from Zoopla is a unique, market leading analysis of the trends in the UK rental sector. The report illustrates how the rental market is able to adjust to shocks such as the COVID-19 than the sales market.
In the last fortnight, we’ve seen a rebound of 30% in rental demand.
There has been no mass withdrawal from the rental market, in fact our enquiries have sky rocketed! We are all working from home and are answering enquires each day from students and residential.
Our analysis shows that listings levels have remained relatively stable.
Rather than withdrawing and returning when the market recovers, we are advising our landlords to keeping listings live. Although we are currently going through a pandemic, people still want to move house. There may be a delay right now but this is the time to be visible to an audience that is spending ever-more time online.
Are you a landlord? Thinking of becoming a landlord?
Now is the time to get your property on the market, as we said above, there may be a delay right now with viewings and signing agreements but with your audience spending ever more time online it is the perfect time!
We can help you. Our virtual door is open! We are still signing tenancy agreements digitally, providing video viewings and most importantly we are COMMUNICATING with all our clients.
If you would like some more advice or help regarding your property to let or if you would like us to manage your property for you, you can contact us on lettings@alexanders-online.co.uk or call 01970 636 010 - and we are even available on Facebook.
Here is the latest Rental Market Report for you.
Take care,
The Alexanders Team