Finefair Ltd has all the skills we need to manage different property portfolios. We can even look after tricky assets like large blocks and estates. Whatever the client needs from us, we do our best to deliver it while offering great value for money. This approach is why we are a good choice for the top property management company Hillingdon has.
Strong property sales
New data from Zoopla shows just how much money people were spending on properties in Q1 of 2021. According to their figures, the total sales are over £149billion. This is a huge number on its own. But, what makes it even more notable is that it is almost double the sales from the same period in the two previous years.
The stamp duty holiday and availability of mortgages has driven this high demand. Experts were expecting the sales to cool from April onwards as the break in stamp duty was set to end. However, it has since been extended to June. That means it could inspire even more demand. The launch of a new 5% deposit scheme for first time buyers could also result in more activity in the next two quarters.
The impact on supply
While the huge value of sales and number of transactions are good signs for the economy, there are some concerns about supplies. The data from Zoopla shows that the total number of homes on the market has taken a huge hit. The current number of listings in April is 30% lower than it was between 2017 and 2019.
There has been a particularly strong hit to the number of three and four bedroom homes. These are proving to be by far the most popular properties. In Scotland the amount of listings for them is down by 58%. The number of these homes on the market is also down in the South West, North West, and South East of England, at 44%, 42% and 40% respectively.
Best spots
Some markets are proving to be incredibly popular. Demand was particularly high in places like Glasgow, Nottingham, Bristol, and Middlesbrough. Sales in Manchester, Leeds, and Liverpool show why the North West is a region in high demand.
In London, there were a few notable locations with climbing buyer interest. This includes suburban spots like Hillingdon, Bexley, and Havering. Impressively, there was even a big jump in demand in the City of London. That could be a sign that more people are looking to move closer to the financial district.
Working with a top property management company in Hillingdon
Finefair Ltd is a team you can work with to keep all of your property management in one place. Whether you are new to buying assets in this part of London or already have a large portfolio, we can manage everything for you. Our goal is to offer great value for money and the most secure services.
Our goal is to be the go to property management company in Hillingdon. We want clients to choose us with full confidence that we can cater for their needs. This includes managing their current assets and even helping them to look at new ones. We can also offer lots of other options, including arranging guaranteed rent.
So, if you would like to work with us or have questions for property managers in London, get in touch.
