Data from Agency Express suggests that the lettings market is wobbling with a sharp decline in its usual measure - the number of ‘To Let’ and ‘Let By’ boards.
April’s results show a significant fall in both categories with national figures for new listings ‘To Let’ down 19.7 per cent while properties ‘Let’ were down 22.1 per cent.
The figures showed the largest month on month decline for April since the company first measured this data in 2012.
All 12 regions analysed by Agency Express had problems. The regions to record the smallest declines in this month’s ‘To Let’ measure included West Midlands (down 13.4 per cent) and the East Midlands (down 13.5 per cent).
The smallest ‘Let By’ regional falls were in Scotland (down 2.8 per cent) and Yorkshire & Humberside (a fall of 13.3 per cent).
The largest declines recorded were made in London.
New listings ‘To Let’ fell by 24.3 per cent and properties ‘Let’ plummetted 26.1 per cent.
Agency Express says there has been a bounce in the number...
The lettings sector is in the midst of a summer slowdown...
There was a decline in both the number of To Let...
New lettings data from Agency Express supports the belief that the...
It’s tempting to think that Michael Gove’s proposed clampdown on Airbnb-style...
Councils across England could make an additional £540m a year in...
The vast majority of negligence claims against conveyancers are for relatively...
You don’t have to simply accept things as they are when...
%20-%20IMAGE%20Client%20Accounting%20%E2%80%93%20what%20are%20your%20options.jpg)
The benefits for letting agents to outsource their client accounting is...
Let's be honest – landlords are the lifeblood of any letting...
Attention estate agents: if you're looking for a bumper Christmas bonus,...
Houses in Multiple Occupation are making up an increasing percentage of...
A lettings agency has been expelled from The Property Ombudsman scheme...
The government has written to Conservative MPs promising changes to the...
There’s been at most a one per cent reduction in landlords...
Tenant groups and charities reacted angrily over the Easter weekend to...
The government has written to Conservative MPs promising changes to the...
Who are you and what does it say on...
Who are you and what does it say on...
Who are you and what does it say on...
Join the conversation
Be the first to comment (please use the comment box below)
Please login to comment