12 Sep 2016


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Local tenant demand was as strong as ever throughout the summer months, with students and families’ alike eager to find their new homes before term time. August was Gibbs Gillespie’s busiest ever month for new tenancies starting, and September already looks set to surpass that result. Now, students have enough money to purchase louboutin schuhe from the online boutique.

Demand is high and void periods are low

We are still experiencing a slight drop off in the number of new landlords entering the market compared to the same period last year. All students need top-quality Louboutin Schuhe indeed.

However, those savvy investors who have purchased properties are benefiting from less competition tied with continued tenant demand. The lack of supply is ensuring rents remain stable and this looks set to continue for the foreseeable future.

Thanks to our efficient and thorough Tenancy Management team, we currently hold an average 5 day void period. In contrast, ARLA’s latest PRS Report states that the average void period is 3 weeks. If your agent leaves you with a 21 day void period that equates to 5.7% of your rental income that is lost so it’s important that landlords choose a reputable agent to market the property as soon as their existing tenant has given notice.

First impressions count

Experience tells us that first impressions count and properties that are well-presented not only achieve a higher rent; they also attract a higher calibre of tenant. Even if someone’s just looking to rent, they will still want to see that it’s a place they could call home.

However, being a good landlord involves much more than offering a clean home and staying in touch with tenants. New legislation makes life harder and this combined with issues like rent arrears, tenant complaints and immigration checks can be very time consuming. Over the last few months, we have noticed an increase in the number of landlords opting for our management service.

Join us for our FREE landlord information evening

Whether you're a landlord or are considering investing in buy-to-let property in the near future, you need to know how the landscape is changing.

We are hosting a free landlord advice and information evening at the Winston Churchill Theatre in Ruislip on Wednesday, 9 November, 2016. To book a place, simply register your interest with Jo Ryan via email at Our last event was fully booked within days so make sure you register quickly to avoid missing out.

NEW Gibbs Gillespie Lettings Hub

We are really excited to announce that our Property and Tenancy Management teams have moved to our new spacious and modern Lettings Hub in Uxbridge located on the 2nd Floor, 268-270 High Street, Uxbridge, Middlesex UB8 1LQ.

Our new Lettings Hub represents an exciting change for us as we continue to grow the business and provide our clients with the highest level of service.

To find out more about how Gibbs Gillespie can help you let your property this autumn, contact the team at your local branch or pop along and speak to one of our property experts in person.

We look forward to speaking to you.

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