2 July 2020

    Rents up and voids down as lettings market caters to unprecedented demand

    Goodlord's Lettings Activity Tracker and latest Rental Index show a continuation of the strong demand seen since restrictions on moving home were lifted, and rent increases nearly across the board.

    24 June 2020

    Why building strong virtual foundations is key to a sturdy lettings outlook

    Virtual viewings, online contract signing, and digital identity verification became the norm for many letting and estate agents during lockdown and many of the changes could be here to stay.

    17 June 2020

    Why agencies should rethink their service offering after the pandemic

    Customers needs and expectations will likely be altered forever by the pandemic. Here are a few ways agencies could rethink their service offering to make sure they're meeting the needs of their landlords and tenants in the post-lockdown period. 

    10 June 2020

    Four scenarios for the future and why your agency should plan for all of them

    In a highly uncertain environment, agencies will need to think differently about the future and plan for different scenarios. Goodlord lays out four versions of the future of the lettings industry.

    8 June 2020

    UPDATE: Six-month notice period comes into law and "winter truce" on evictions announced

    Landlords will need to give tenants six months notice if they intend to regain possession of their property and no tenants will be evicted over Christmas.

    3 June 2020

    UK rental market bounces back as restrictions lift shows latest data

    Goodlord's Lettings Activity Tracker and latest Rental Index show a remarkable bounce back in lettings activity since restrictions around moving house were lifted in mid-May.

    13 May 2020

    Letting agencies allowed to reopen and house moves can resume

    All buyers and renters will now be able to complete purchases and view properties in person, while estate agents, conveyancers and removals firms can return to work while following social distancing guidelines, confirmed the Housing Secretary Robert Jenrick.

    10 May 2020

    Government announces roadmap to transition out of lockdown

    The government has shared the “first sketch of a roadmap for reopening society” and how the UK will restart its economy as it transitions out of the lockdown. 

    5 May 2020

    Rents dip and void periods fluctuate as lockdown continues to impact lettings markets

    Rents dropped in several regions during April and void periods shifted throughout the month as the lockdown continued to impact the lettings market, shows the latest Goodlord Rental Index.

    30 April 2020

    Q&A: David Cox answers questions on legislation and the impact of coronavirus on the lettings industry

    ARLA Propertymark CEO David Cox answers your questions on managing house moves, non-payment of rent, and the eviction process during lockdown; furlough; upcoming legislation changes including electrical safety standards, the abolition of Section 21 and Regulation of Property Agents, and more.

    The Goodlord team

    The Goodlord team
    Goodlord provides a single central platform to make the renting process better for agents, landlords and tenants.
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    Recent Posts

    Rents up and voids down as lettings market caters to unprecedented demand

    Posted by The Goodlord team on 02 July 2020

    Lettings market activity throughout June was significantly higher than recorded at the same time last year, the latest Rental Index from Goodlord has shown. As a result, rental costs are rising in the majority of regions and void periods are coming down, as tenants compete for new properties and the industry continues to see unprecedented demand after months of inactivity.

    Read More

    Topics: Data

    Why building strong virtual foundations is key to a sturdy lettings outlook

    Posted by The Goodlord team on 24 June 2020

    Lockdown forced the entire lettings industry (along with the rest of the world) into digital transformation and the “momentum behind digital-experience adoption is unlikely to reverse,” suggests the Harvard Business Review, while McKinsey notes that “there could be lasting changes to consumer attitudes towards physical distance [making it] possible to imagine a world of business—from the factory floor to the individual consumer—in which human contact is minimised.”

    Read More

    Topics: Tech

    Why agencies should rethink their service offering after the pandemic

    Posted by The Goodlord team on 17 June 2020

    Agencies that succeed in the post-lockdown world will need to adapt their service offering to meet a completely different set of needs and expectations. “Consumer research by Nielsen asserts that, after the crisis, people’s daily routines will be altered by a new cautiousness about health, suggesting that some shifts in behaviour could be long-term,” notes Deloitte.

    Read More

    Topics: Customer experience

    Four scenarios for the future and why your agency should plan for all of them

    Posted by The Goodlord team on 10 June 2020

    The consensus is clear: if you want your business to survive and thrive in the post-pandemic world, you need to be planning for multiple versions of the future. Don’t assume that just because we’ve come through the peak of COVID-19, it can’t happen again. Any plans for your agency in the short, medium, and long-term should reflect the ambiguity ahead.

    Read More

    Topics: Business

    UPDATE: Six-month notice period comes into law and "winter truce" on evictions announced

    Posted by The Goodlord team on 08 June 2020

    This article was updated on 24 September 2020. Although we endeavour to keep our coronavirus (COVID-19) content as up to date as possible, the situation is rapidly changing, so please ensure you refer to gov.uk for the latest advice and information.

    The government has changed the law to increase notice periods to six months and confirmed that possession proceedings will resume on 21 September 2020. The only exceptions to the six-month notice period are the most egregious cases, including where tenants have demonstrated anti-social behaviour or committed fraud, where notice periods have been shortened. In these cases, "notice periods must be at least 4 weeks where over six months of rent is due (if less than 6 months is owed, then 6 months’ notice must be given)." A "winter truce" on evictions also means that no evictions will take place between 11 December 2020 and 11 January 2021.

    Read More

    Topics: Covid-19

    UK rental market bounces back as restrictions lift shows latest data

    Posted by The Goodlord team on 03 June 2020

    The latest data from Goodlord shows a remarkable bounce back in lettings activity since restrictions around moving house were lifted on 13th May. The first day of June saw new tenancies applications soar above 2019 levels to 111%. Volumes of new tenancy applications have now risen by over 82% compared to the activity levels seen in mid-April. As the market has picked up, the average cost of rent has held fairly steady, although void periods have understandably fluctuated. 

    Read More

    Topics: Data

    Letting agencies allowed to reopen and house moves can resume

    Posted by The Goodlord team on 13 May 2020

    This article was published on 13 May 2020. Although we endeavour to keep our coronavirus (COVID-19) content as up to date as possible, the situation is rapidly changing, so please ensure you refer to gov.uk for the latest advice and information.

    Read More

    Topics: Covid-19

    Government announces roadmap to transition out of lockdown

    Posted by The Goodlord team on 10 May 2020

    This article was published on 10 May 2020. Although we endeavour to keep our coronavirus (COVID-19) content as up to date as possible, the situation is rapidly changing, so please ensure you refer to gov.uk for the latest advice and information.

    Read More

    Topics: Covid-19

    Rents dip and void periods fluctuate as lockdown continues to impact lettings markets

    Posted by The Goodlord team on 05 May 2020

    The latest Goodlord Rental Index has shown rents dropping across five out of eight UK regions monitored during April, as the lockdown continues to impact the lettings markets. At the same time, void periods have shifted throughout the month, with some regions faring better than others. Overall, April saw volumes of new and completed tenancies drop rapidly in the run up to Easter before rebounding and finding equilibrium towards the end of the month.

    Read More

    Topics: Data

    Q&A: David Cox answers questions on legislation and the impact of coronavirus on the lettings industry

    Posted by The Goodlord team on 30 April 2020

    This article was published on 30 April 2020. Although we endeavour to keep our coronavirus (COVID-19) content as up to date as possible, the situation is rapidly changing, so please ensure you refer to gov.uk for the latest advice and information.

    ARLA Propertymark CEO David Cox answered agents’ questions on everything from the impact of the lockdown on letting agents and legislation to the Regulation of Property Agents in a Goodlord webinar (watch the full recording here). Cox’s overriding advice for letting agents during the lockdown was that they should be “putting everything on pause”, rather than cancelling pending transactions. “The first Friday out of lockdown is probably going to be one of the biggest moving days in the lettings industry's history.”

    Read More

    Topics: Covid-19

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