Strong demand remains in the lettings market
The rental market starts 2023 as it ended 2022, with demand for property outpacing supply and rental value growth firmly in positive territory. This is according to Nicky Stevenson, MD of Fine & Country UK, who adds that the imbalance of demand and supply that typified the market in 2022 continues to support rental price […]
New year, new market
After three years of somewhat unusual housing market activity, 2023 looks to be a calmer market as the heat of the last two years continues to cool and the economic backdrop checks sales activity and demand. This is according to Nicky Stevenson, MD of Fine & Country UK, who adds that looking at reports from […]
Predictions of what may lay ahead in 2023
The Guild of Property Professionals CEO, Iain McKenzie, caught up with property market analyst and CEO of Twindig, Anthony Codling, to discuss what he thinks we could see in the property market during 2023. McKenzie says that one of the most important metrics for the property sector is transactional volumes. “As I have mentioned before, […]
High rental demand continues
Demand for rental homes is at an unprecedented level, up over 20% year-on-year. This is according to Nicky Stevenson, MD of Fine & Country UK, who adds that that higher mortgage costs and signs of a market recalibration are leading some prospective buyers to rent for longer, or to put on hold their next property […]
Streamlining the tenancy conclusion process for a better customer experience
The Guild of Property Professionals CEO, Iain McKenzie, recently spoke to Kristjan Byfield, Co-Founder of base property specialists and The Depositary, about streamlining the lettings process and improving the tenancy experience. Wanting to start a business with the customer experience at heart, Byfield and his business partner An Deckers established base property specialists, with an […]
Rent set to outperform
Rental value growth is predicted to outpace property price growth over the next five years. This is according to Nicky Stevenson, MD of Fine & Country UK, who says that a shortage of stock, increased borrowing costs, and economic pressures are underpinning the market. “Rental records continue to topple month-on-month across England and Wales. The […]
Lettings agents – are you prepared for legislative changes?
The Guild of Property Professionals has been reminding its Members in England of the legislative changes coming into play on 1 October 2022 regarding Smoke and Carbon Monoxide Alarms and Right to Rent checks. Paul Offley, Compliance Officer at The Guild, adds that all agents involved with lettings in England need to ensure that they […]
Rental market feeling the pressure on affordability levels
Renter affordability is making the news, as high demand and a lack of rental stock continue to underpin rental value growth across all parts of the UK. This is according to Nicky Stevenson, MD of Fine & Country UK, who adds that with a sobering economic forecast, the response of the UK’s new Prime Minister […]
LettsPay appoints Gary Barker as Non-Executive Director
LettsPay, an automated client accounting engine, has announced today that senior proptech figure, Gary Barker has been appointed as a Non-Executive Director (NED) of the business. While Barker is now based in South Africa working as the CEO of the Technology arm of BetterHome, the country’s largest mortgage broking company, he will be offering strategic […]