Demand for rental properties has increased to the highest level on record this year with a massive 88 prospective tenants estimated to be registered per agency branch.
Data from ARLA shows that Letting agents have witnessed a 57% increase in the number of prospective tenants registered since last year.
This means demand for rental properties has increased from 73 per branch last year to 88 now.
As an agency we have definitely noticed the increase of professional tenants visiting our office and phoning to register and as such have had to expand our team which is great news!
Recently, we welcomed Thomas who has now joined our team to assist in the Lettings Department.
To accommodate our new tenants we will be increasing the number of properties we let & manage this year.
If you are considering investing in a buy-to-let property or you are seeking new tenants, please do not hesitate to contact us at Patricia Shepherd Letting & Management and we will be happy to help. We offer a range of services for every type of Landlord, whether you are experienced with a portfolio or a first time investor. For more information, please visit our website below or call us on 020 8255 5526