11/05/2026
Lettings market is still good for landlords. Rents remain high altho maybe a touch lower than their peak 2 or 3 years ago. Good, well maintained flats and houses in good areas are going quickly.
We are still working with the new regs but no major upsets yet. Thankfully we didn't have any clients demanding we serve last minute Section 21s last month...
Funny old sales market.
• Average time to secure a buyer is now over 2 months, I suggest because agents are still playing the game of overvaluing to get business. And sellers are still stuck at the high water mark of the value of their property, whenever that was.
• Buyer demand is 7% lower than in May 2025
• There are more properties available now than any time in the last 10 years.
• Sold prices are down slighlly on a year ago.
There is always a market, but sellers have to be realistic. If you start far too high, you end up with less, as by the time you get nearly right, your place looks tired and with no urgency.
Remember, the above is not pessimistic, it is realistic and just us talking business.
On the front line, at actual viewings we are 100% positive and pushing the virtues of where we are, of course! Always! But the work starts with the client conversations in the weeks beforehand
D
