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Published on 26th May 2022
Property news: Rental market at its most competitive
A lack of rental homes on the market, combined with huge demand, has seen monthly rents increase by up to 14% compared with last year, reports Rightmove.
1,300 landlords took part in Rightmove’s recent research. The study found that there were more than three times the number of prospective tenants as rental properties on the market.
Several factors are contributing to this trend. Demand has increased significantly since the end of the lockdown, with many people delaying moving previously. Additionally, tenants are staying longer in their rented homes, meaning less properties are available.
The average length of a tenancy is now over two years with rents significantly increasing, both in the capital and outside of London. Rightmove analysis also shows a jump in enquiries for rental properties with all bills included. Homes with balconies or communal gardens, and properties allowing pets are requiring zero deposits, remain popular features.
Gateway Residential: Setting the standard for lettings
Our nationwide lettings service makes sure that all properties under our care are marketed extensively, rented securely and maintained carefully. Most importantly, we keep every property investment as exactly that – an investment.
Gateway Residential goes beyond letting properties. Our dedicated team takes care of each home. Around the clock, we provide an exemplary management service for our extensive portfolio of investment properties. Every landlord client benefits from total peace of mind. You should too if you use an agent because we’ll treat you, and your investment property, individually.
Doing what we say we’ll do, daily
That simple promise underpins our efficient, friendly service. Our points of difference include:
valuing our clients and recognising that every landlord has different requirements
finding only the most suitable tenants for the properties under our care
carrying out regular inspections to safeguard your investment – planed ahead and delivered on time, every time
keeping you updated with clear, ongoing communication.
How can we help you?
You can find out more about how our experienced and proactive service can best support you online, as well as read our guide to becoming a property landlord. Just click the link below or call our team on 01702 443 546.
Property management spotlight: #newhomes beside the seaside
Gateway Property Management is delighted to have welcomed a tide of properties since the last edition, including a new development to adorn the Cornish coast.
This month, our team was appointed as managing agents for a scheme of 160 modern homes in Hayle, Cornwall, by the beautiful estuary. What a wonderful place to live. Hayle is a popular resort known for its three miles of golden sand, waterside cafes and rich industrial heritage. The town and surfing destination is ideally located close to many of north Cornwall’s much-loved attractions, including neighbouring St Ives.
Away from the coast, we’ve been busy adding new properties elsewhere – from a small collection of luxury family homes in Surrey to whole new communities across Somerset, Sussex, Oxfordshire, Gloucestershire, Lincolnshire and Nottinghamshire. We’re incredibly proud of our ever-expanding portfolio, from apartment blocks and housing developments to sheltered homes.
Are you a property developer in search of a dependable agent?
Our dedicated teams carefully manage every property, working from our network of local offices in Essex, Leeds and London. Call Gateway Property Management today to see how we can support your next project on 01702 443 555. Or click here.
Our vision is to set the industry benchmark for specialist property services and value, making an often complex business straightforward for our range of clients.
The Gateway Group of businesses supports property developers, investors, landlords, buy-to-let investors, management companies and individual customers. You can find out about the shared values and people behind our group on our LinkedIn page. You’re welcome to join our network any time.
