It comes as no surprise as I write this, being a central London estate agent, that the recent Rightmove price index shows a drop in house prices for the fifth month in a row. However slight the drop, it’s the transaction numbers which really tell the story – down by 75,000 compared to June.
Monday - After a weekend of browsing by potential customers, Monday morning is when new enquiries arrive and the quality of these is normally a sign as to how the week is going to go. Although we are in August, the enquiries both on sales and lettings are good, so we all get on with calls and viewings.
Hudsons has been servicing customers within the property industry since 2002. During this time we have provided specialist expertise in selling and renting residential homes, tenancy management, commercial office rentals and property investment. From this sustained success we have built an excellent reputation which is why we have continued to receive specific requests to enhance our service still further by managing whole buildings by providing Block Management services.
As buyers search for more value, the property market has softened. At times like this, sellers can find themselves at the mercy of surveyors once a sale has been agreed.
Each year, from mid-August until early October, activity in student lettings for overseas and second-year students rockets. Many return from their holidays without the knowledge of what lies before them with a hectic rush to secure a home to live in for the remainder of the course; it’s that busy that it is like traveling at rush hour and expecting a clear run, only to be met with more traffic and less alternative route options as everyone is trying to find the same outcome!
Monday - Riding to work on my motorbike this morning in glorious weather, the 7.30am view from Alexandra Palace across London reminds me of the calm before the storm that is lettings at this time of year.