COVID Guidelines

Following the UK lockdown announcement we can confirm we are still operating.

To remain COVID safe have implemented the following guidelines for our operators:

Social distancing measures observed at all times
Hand sanitisers to be carried by all operators and used regularly
No knocking on vendors doors/interacting with vendors unless absolutely necessary
No visiting of branches
Face coverings/masks to be worn where possible
One person per van, unless those people live in the same household

Please ensure your customers are aware that we will be enforcing strict social distancing to protect all involved. We politely request they do not approach our operators, and boards are left in easily accessible locations for collection when required.

Thank you to all our clients for their continued patience during this time.

January lockdown stifles UK lettings

Januarys letting market data from the Agency Express Property Activity Index has reported the customary increase in post-Christmas activity, but as expected the third national lockdown has stifled the usual bounce back.

National month on month figures for new listings ‘To Let’ sat at 17% and properties ‘Let’ 22.6%, where typically they would be in the region of 40 and 60%.

New listings ‘To Let

Properties ‘Let’

January 2020 49.7%

January 2019 63.3%

January 2018 60.9%

January 2019 54.4%

January 2019 62.3%

January 2018 57.7%

Across the UK, the trend continued with 11 of the 12 regions recorded by the Property Activity Index reporting increases in both new listings ‘To Let’ and properties ‘Let’.

London sat at the top of this month’s leader board with figures for new listings at a robust 50%. Looking back at historical figures we can see activity for this period would normally sit in the region of 60%.

East Anglia reported consistently across the board with new listings ‘To Let’ at 33.9% and properties ‘Let’ 38.9%. However, unlike London year on year figures were substantially down.

Other regional hot spots in this month’s index included:

Properties ‘To Let’

  • Central England 41%
  • West Midlands 37.2%
  • North West 32.6%
  • East Midlands 15.7%
  • South West 15.7%

Properties ‘Let By’

  • East Midlands 35.4%
  • South West 34.7%
  • North West 29.2%
  • North East 26.6%
  • South East 23%
  • West Midlands 19.3%
  • Yorkshire & Humberside 15.1%

The largest decline in this month’s Property Activity Index was reported by the South East. New listings ‘To Let’ sat at -17%, the regions first decline for the month since the index’s first records in 2012. Wales followed suit at a lesser -4.3% but again the regions first decline for the month.

Commenting on the latest index results, Ben Brookes, Managing Director of Agency Express said: 

This month’s Property Activity Index data is to be expected, with a third lockdown, home schooling and remote working it comes as no surprise that the nations primary focus is not on the property market. However, with schools returning and a road roadmap set to ease restrictions we are confident that we will see buoyant spring lettings market.

 

Monthly % Changes for January 2021

% Changes for Nov - January 2021

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

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

New ListingsProperties Let
Jan 21Jan 20Jan 21Jan 20
NATIONAL1749.722.654.4
Central England4140.33.123.4
East Anglia33.952.338.965.7
East Midlands15.738.535.484.5
London5063.826.834.2
North East8.153.826.659.8
North West32.651.729.240.9
Scotland3.145.520.772.1
South East-1766.92349
South West15.755.334.762.1
Wales052.6-4.378.4
West Midlands37.262.519.375.2
Yorks & Humber2.619.315.153
New ListingsProperties Let
Nov -
Jul 21
Nov -
Jan 20
Nov -
Jan 21
Nov -
Jan 20
NATIONAL-6.20.1-3.91.6
Central England-9.4-4.5-6.3-3.5
East Anglia-2.43.6-2.72.8
East Midlands-3.1-1.1-2.54.3
London-5.6-0.3-4.2-8.8
North East-6-6.1-4.78.3
North West-17.6-0.3-3.7-1
Scotland-6.2-3.5-6.5-6.8
South East-1.69.41.64.6
South West-5.1-1.7-0.77.9
Wales-2.5-2.5-9.6-6.4
West Midlands-3.7-0.8-95.7
Yorks & Humber-10-0.7-5.25.2
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