The property market today is one with unparalleled opportunity for those wishing to Let their properties. We merely need to analyse a few key metrics to gain a better understanding of this unique and unprecedented environment.
Massive decrease in available properties to let
At DOMVS we have seen an average of 76% decrease in available properties on the market To Let, based on the same period last year. This has had a colossal impact on the rental market, given the unprecedented demand of people looking for not only new homes but also a new lifestyle – not only in our lovely county of Dorset but across the UK.
Dynamic shift in demand
Due to the Covid 19 pandemic our society has experienced a dynamic shift in culture as more and more people have found themselves working from home. As businesses evolve and adapt, they experience a shift from an office-based culture to a remote environment. This is a theme expected to continue for the foreseeable future.
As one can imagine, this undoubtedly creates unexpected pressures on the average family who naturally seek out more space and tranquillity to cope with this seismic shift in their day-to-day lives. Dorset, with its beautiful beaches and rolling countryside, offers an attractive option to many. Naturally, this has driven up the demand for homes.
Specific need for NHS workers – can you help?
Dorset is also home to the Dorset County Hospital, which due to the COVID-19 pandemic has seen an increase in the number of enquiries from NHS staff working in the hospital, and accompanying services. These NHS staff members are now also having to compete for what few properties are still available. Many of our NHS clients have had to leave their families behind while they wait to find suitable accommodation and have had to take up temporary residences while waiting and hoping for appropriate accommodation.
If you can help – or know anyone else who has a property to let – please contact me. Equally, if you are just thinking about buying a property for investment purposes, we can advise you on every aspect needed to ensure the outcome is successful for you. My name is Katie Starkey and I will do everything I can to help you with ensuring your experience of letting a property is a good one.
Email: [email protected]
Call: 01305 757300