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Lettings Update – November 2019


Tables turn into the landlord’s favour this winter!


The usual situation with the lettings market is that things quieten down in the winter months, as landlords look to avoid having their properties becoming available during a period that has fewer applicants looking. As usual this is happening this year, however, there appears to be such a lack of stock that the few landlords that do have their properties available now have multiple applicants competing for their properties. We have already started letting properties with move dates in January, with properties being let as soon as they come on the market. This has been because of our negotiator’s proactive approach to marketing and making sure that our applicants understand the current market conditions.

If you would like to find out how much your property could rent for this winter or want to make sure you are getting the right price on a renewal of tenancy, please contact me via email: [email protected]

– Matt Brooke, Area Manager, Madley Property

MP Estate Agents Ltd. Company number 12576693
2 Plough Way, London, SE16 2EU. VAT number 942264820