Busy start to the lettings market in 2020
At Gibsonhoney we have had a great start to the New Year on the lettings front, please read our full blog to find out our thoughts on how the market is now and where it could potentially be heading....
We delighted to say that we have seen a very busy start to 2020 on the lettings front. Enquiry and viewing levels, perhaps surprisingly given that we are in lockdown, are generally very high and we have secured tenants for most of our properties within several days of marketing. As a result, we are urgently in need of all types of property to satisfy this demand.
Going forward, we expect demand to remain fairly constant. However, it is of course possible that the impact of Covid on businesses and the knock on effect of unemployment (particularly once furlough schemes come to an end) will start to affect tenant’s affordability in the coming months. Our focus, as always, is finding the right tenant for every property. Thorough vetting and a detailed appraisal of every potential tenant’s circumstances remains the fundamental key to any successful let, and this is proving to be vital more than ever in these uncertain times.
If you are currently a landlord, or perhaps exploring the options of letting a property, we would be delighted to talk to you and guide you through the process. Please feel free to contact our experienced lettings team - 01895 625999 – lettings@gibsonhoney.co.uk.