Busy Christmas for St Albans lettings market

PUBLISHED: 12:44 10 January 2017

The local lettings market has been busier than expected this winter

The local lettings market has been busier than expected this winter

Archant

The St Albans rental market was unusually busy in the run up to Christmas, according to a local agent.

Gregory MoultonGregory Moulton

Gregory Moulton, managing director of Let Me Properties, said: “Usually we are very quiet during December, but last year we were surprisingly busy with new lettings.

“Our advice to landlords in St Albans is usually to try to avoid having their property become available between November and January to ensure a steady supply of tenants is available to them. However, this winter seems to be bucking the trend.

“January has traditionally also been quite a slow burn as the market gets back into full swing each year, but this year we have already found it to be quite buoyant.”

Gregory admitted there had been a “slowdown” at the top of the rental market following June’s referendum, which “delayed many property rentals towards the end of 2016”.

The market has recovered from this, says Gregory, and the year ahead looks bright: “We are optimistic for the future of the St Albans property market in 2017 and hopeful that the government will backtrack on their attack on private landlords and letting agents; we believe it will only damage the market by restricting the supply of properties and causing rents to increase.

“If you have a property to let, or you are thinking of letting your property, there is no time like the present, especially for smaller properties such as one-bed flats or houses which are always in great demand.”

More news stories

Yesterday, 16:46

Brave jumpers will splash into 2019 by bearing a freezing cold outside pool for charity.

Yesterday, 14:36

A shop in St Albans has been named the best independent spirits business at the “Oscars of the drink industry”.

Yesterday, 13:25

St Albans MP Anne Main has toured a number of city pubs which have been badly affected by a business rate increase.

Yesterday, 13:13

If you fancy a good laugh, a comedy club night returns to a St Albans venue this week with a quality line-up of four stand-ups.

HERTS AD PROPERTY E-EDITION

Image
Read the Herts Ad Property e-edition E-edition

NEWSLETTER SIGN-UP

Get the latest St Albans and Harpenden property news and features straight to your inbox with our regular newsletter

I am also happy to receive other emails...
Fields marked with a * are mandatory
Email Marketing by e-shot

MOST READ

search


e.g. Oxford or NW3
Powered by Zoopla