Demand from Buyers, Prices remain stable and Rental property over supply
We are nearly seven weeks since physical property viewings resumed and our Property Search team are expertly navigating our buying and rental clients to make the most of current market conditions and opportunities.
For our property management team, over the past month we have seen a significant increase in demand for our Vacant Management service, from Londoners who have been in the country or overseas throughout lockdown and remain there.
In each case they have become increasingly conscious about the time their London properties have been empty and we have put in place weekly inspections to ensure their home insurance remains valid, check for signs of leaks or damage, ensure the property remains secure, flush out drains, redirect post, and more.
Many clients in this situation do not know when they are planning a more permanent or regular return to London, and having a trusted property management service to look after their vacant London homes has been hugely sought after.
Please see below our key themes and observations over the past month which we hope will provide valuable insight.
We are on hand to provide market advice or discuss property search or property management requirements you may have. Please do get in touch.