COVID-19

Suspension of Board Services

In line with UK Government directions, Agency Express will suspend all board services to our clients with immediate effect. We appreciate the disruption this will cause, but we must ensure the safety of our franchised operators, valued clients and members of the public.

Signmaster3 will continue to be available for you to list your requests, and we will notify you as soon as we are able to commence work once more.

Any concerns please contacts us on enquiries@agencyexpress.co.uk or 01508579800

Thank you for your continued support.

Letting market lull for April 2019

Following an increase in activity across the UK rental market in March, April’s figures from the Agency Express Property Activity Index have as anticipated shown a decline in activity. National month on month figures for new listings ‘To Let’ fell at -14.1% and properties ‘Let’ at -9.9%. Looking at the index's year on year data we can see that figures for new listings and properties 'Let' have declined.

Across the individual regions recorded by the Property Activity Index, all regions bar one reported declines in both new listings ‘To Let’ and ‘Let By’.

The only region to buck the seasonal trend was Yorkshire and Humberside. Figures for properties ‘Let’ sat at a robust 7.1%, the region’s largest increase for April since the index’s first records in 2012.

Regions to record the smallest declines in this month’s index included:

Properties ‘To Let’

  • Yorkshire & Humberside -7.5%
  • Scotland -8.4%
  • East Midlands -9.9%
  • West Midlands -10.7%
  • North East -11.3%
  • Central England -11.5%

Properties ‘Let By’

  • Scotland -3.3%
  • South East -5.2%
  • West Midlands -6.8%
  • Wales -9.3%
  • East Anglia -9.4%
  • Central England -11.4%

The largest decline in this month’s index was recorded in London with new listings ‘To Let’ falling to -25.6%. While 2018’s figures did see an unseasonal spike in activity at 10.7%, looking further back we can see that this year’s activity has remained by and large on trend.

Commenting on the latest Property Activity Index lettings report, Stephen Watson Managing Director of Agency Express said: We traditionally see a slowdown in activity throughout April so this month has come as no surprise.  While our figures will be affected by the bank holiday weekends and reduced number of working days, the fall in activity seems greater than what we would anticipate. As we now move in to what is usually a robust period for the market, it will be interesting to see what advances are made.

Monthly % Changes for April 2019

% Changes for Mar - April 2019

New Listings
% Change over last 12 months vs Previous 12 months

Properties Let
% Change over last 12 months vs Previous 12 months

New Listings Properties Let
Apr 19 Apr 18 Apr 19 Apr 18
NATIONAL -14.1 -9.4 -9.9 -9.1
Central England -11.5 -1.7 -11.4 -2.8
East Anglia -15.3 -9.4 -9.4 -10.2
East Midlands -9.9 -17.6 -22.7 -6.4
London -25.6 10.7 -18.6 -14.5
North East -11.3 -19.9 -15.6 -6.4
North West -11.7 -8.9 -21.6 -19.9
Scotland -8.4 -17.8 -3.3 -4.6
South East -11.9 -13 -5.2 -13
South West -25.2 -17.8 -12.5 5.2
Wales -13.2 -8.3 -9.3 -25
West Midlands -10.7 -5.9 -6.8 -14.5
Yorks & Humber -7.5 -4.6 7.1 -1
New Listings Properties Let
Mar -
Mar 19
Mar -
Apr 18
Mar -
Apr 19
Mar -
Apr 18
NATIONAL -6.7 -5.6 -2.4 -1.8
Central England -0.1 -4 2.1 -0.8
East Anglia -8.8 -10.9 -4.2 -1.4
East Midlands -7.7 -3.6 -6.7 0.2
London -11.8 1.5 -2.4 2.5
North East -10.4 -2.4 -9.7 1.8
North West -7.8 -5.9 -7.9 -5.5
Scotland 7.4 1.3 1.9 5.2
South East -11.4 -7.6 -1.5 -2.3
South West -11.2 -7.8 -5.5 -1.3
Wales -9 -10.9 -6.5 -4.5
West Midlands -1.5 -3.4 2 -6.6
Yorks & Humber -5.7 -3.3 3.2 -0.8
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