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Tue 28 Jul 2015
Local Lettings Market Goes From Strength to Strength
Over the past 3 months we've experienced unprecedented demand for rental properties - a trend that doesn't seem to be slowing any time soon! The number of applicants looking to rent a property in our local West Cambridgeshire area has rocketed since the General Election.
With demand far outstripping supply, our Lettings Negotiators are doing a sterling job to manage the huge number of enquiries we receive on a daily basis. As a result, we are also seeing average rents creeping up across the region. One other noticable pattern has been an increase in people moving to the area from other regions - taking up jobs primarily in Cambridge, London and the immediate locality.
Whether this surge will continue remains to be seen, however whilst the national housing shortage remains, it is a safe bet that the lettings market will remain extremely strong for the forseeable future.
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