Board Services Have Resumed

We are pleased to confirm our return to service as of Monday 11th May onwards.

With a wider understanding now of the relevant health risks, we will be implementing 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.

Rental market lockdown for March 2020

As we are now in to the depths of the COVID-19 lockdown, the latest data released by the Agency Express Property Activity Index looks back at activity throughout the UK lettings market in March.

March, which is traditionally a buoyant period, saw national month on month figures for new listings ‘To Let’ fall to -10.8%, while properties ‘Let’ fell further at -21.6%. The Property Activity Index’s archives also show March’s activity to be the slowest on record for the month, but the data is impacted by the suspension of services towards the end of month.

The downward trend continued across the UK with ten regions reporting declines in new listings ‘To Let’ and eleven in properties ‘Let’.

The North West sat at the top on this month’s leader board. Beating the odds, figures for new listings ‘To Let’ sat at 7.1%, down from 14% in 2019. A resilient Scotland also reported an increase in new listings at 3.6%, but again was down from 37.2%.

Of the remaining 12 regions the smallest declines in this month’s index were reported by:

New listings ‘To Let’

  • North East -2.3%
  • Yorkshire & Humberside -4.8%
  • East Anglia -5.6%
  • South West -9.4%

Properties ‘Let’

  • East Midlands 0%
  • London -2.3%
  • Yorkshire & Humberside -12.9%

The largest declines in activity were reported in the South East. Falling for a second consecutive month figures for new listings ‘To Let’ fell at -27.3% while properties ‘Let’ sat at -31.8%.

Commenting on the latest index results, Stephen Watson, Chairman of Agency Express said: 

March’s data from the Agency Express Property Activity Index, has as expected returned significant declines, but did fair better than the sales market. This is due to the natural slowdown that occurred as the COVID-19 virus gained momentum, followed by the suspension of services. On this basis is it hard for us to give a true reflection of the month’s activity. Moving forwards, we don’t expect to see any immediate changes or growth and our figures will remain heavily impacted by the suspension of services for the fourth coming months. We will now aim to resume the Property Activity Index report once the lockdown has been lifted.

Monthly % Changes for March 2020

% Changes for Jan - March 2020

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
Mar 20 Mar 19 Mar 20 Mar 19
NATIONAL -10.8 12.6 -21.6 8.3
Central England -17.4 19.4 -20.7 21.2
East Anglia -5.6 6 -21.8 4.7
East Midlands -11.3 2.8 0 17.4
London -24.2 4.9 -2.3 -2.7
North East -2.3 -7.1 -23.3 7.1
North West 7.1 14.2 -20.9 13.1
Scotland 3.6 37.2 -20.4 34.7
South East -27.3 -0.8 -31.8 1.8
South West -9.4 21 -28.9 4.6
Wales -10.6 35.6 -25.2 -3.8
West Midlands -15.7 20.1 -24.3 19.4
Yorks & Humber -4.8 0 -12.9 4.8
New Listings Properties Let
Jan -
Aug 20
Jan -
Mar 19
Jan -
Mar 20
Jan -
Mar 19
NATIONAL 2.1 13.6 4 16.1
Central England 2.5 19 2.5 16.2
East Anglia 3.3 13.6 3 15.9
East Midlands 1.9 11.3 8.1 20.4
London 0.1 17.7 6.1 18.9
North East 8.6 7.7 1.7 16
North West 7.9 9.9 3.5 13.9
Scotland 9.8 32.9 6.8 23.4
South East -2.8 11.3 1.9 17.7
South West 0.3 12.2 3.6 17.1
Wales 3.1 16.9 6.8 10.2
West Midlands 2.4 17.7 4.8 17.3
Yorks & Humber -2.1 1.9 4.6 10.9
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