Voids are tumbling across the country and rents continue to be more resilient than predicted, shows the latest Goodlord Rental Index.
Goodlord sets its sights on becoming UK’s biggest referencing business with a new five year partnership with General Insurance provider Paymentshield.
There was little change to average rents in England in April 2021 showed the latest Goodlord Rental Index, but void periods rose in most areas of the country.
What could enforcement, agency costs and a potential timeline for the Regulation of Property Agents look like? Sean Hooker, Head of Redress at the Property Redress Scheme, shared his expert view at a recent Goodlord webinar.
Each region monitored by Goodlord saw a rise in the average cost of rent during March, the first time we have seen such a uniform increase across England since July 2020.
Don't sit back and wait for your landlords to provide you with reviews and referrals. Make sure you're leveraging the loyalty you've earned by asking for a review and highlighting referral schemes.
An analysis of 255,000 tenancies shows that revenues from student lets dropped by 30% in 2020, with the amount spent on student properties dropping from 12p in every £1 to just 8p between 2018/19 and 2020.
Once lockdown came into effect on 23rd March 2020, the impact on the sector was swift, but the pace of activity appears to be increasing, pushing volumes much closer to those seen in 2020 before the pandemic hit.
Your agency can tap into positive sentiment from your landlords to help ensure their continued loyalty, encourage more take up of all the services that you have to offer, and win more instructions. Find out how, in this extract from "How to win more landlords in a challenging environment".
Average voids dropped by 3 days across England as a whole shows the latest Goodlord Rental Index, with certain regions seeing a sizeable reduction in voids.
The rental market roared back to life in May after a steady start to 2021, with void periods diminishing across the country, according to the latest Goodlord Rental Index. Despite the sales market taking centre stage following the stamp duty-induced frenzy, the increasingly strong performance for lettings is set to dominate the narrative this summer. Across the country, voids are tumbling and rents continue to be more resilient than predicted.
Topics: Data
General Insurance provider Paymentshield and referencing firm Goodlord have signed a partnership agreement for a further five years following a successful partnership which started in 2016.
Topics: Goodlord Group
Rents held steady across England whilst the salaries of renters rose during April, according to the latest Goodlord Rental Index. However, as lockdown restrictions eased and the population focused on enjoying their new freedoms, voids rose in most areas of the country.
Topics: Data
The Regulation of Property Agents (RoPA) is a piece of lettings legislation that's been a long time coming, with the working group report published back in July 2019. Many agents are already starting to prepare by gaining level 3 qualifications and above, as is the expected requirement once the law is enacted - but there are still some questions left unanswered. Sean Hooker, Head of Redress at the Property Redress Scheme, answered some of those questions in our webinar, "Preparing for the Regulation of Property Agents (RoPA)".
Topics: Compliance
The latest Goodlord Rental Index shows a buoyant lettings market in March. Tenant incomes rose across England, with rents increasing alongside. The average void period also stayed steady month on month.
Topics: Data
Once you’ve demonstrated to your landlords how much value you provide, don't be afraid to ask them if they’d consider leaving your agency a review on Google, allAgents, or Trustpilot or providing you with a testimonial you can use on your website and marketing materials.
Topics: Business
The pandemic has had a major impact on the student rental market, a new analysis by Goodlord has revealed. During 2020, revenues from student lets dropped by 30% compared to figures from 2018 and 2019.
Topics: Data
One year ago, the lettings market ground to an abrupt halt. With viewings and moves prohibited under all but the most exceptional circumstances, the whole industry scrambled to cope with this dramatic turn of events. In the 12 months since, letting agents and landlords have worked tirelessly to get the industry back on track and enable tenants to safely move house. We reviewed the highs and lows of the past year by the numbers, with volumes tracked using our Lettings Activity Tracker.
Topics: Data
A landlord’s journey doesn’t end when they decide to take up your services. In fact, it’s only just beginning, and a successful relationship could drive even more business for your agency.
Topics: Business
The latest Goodlord Rental Index indicates that February was another strong month for the lettings market, with rents holding steady and voids falling as tenants start to look beyond the pandemic. Following a better than expected performance for the lettings market in December and January, February figures provide additional cause for optimism for agents and landlords.
Topics: Data
