With the rental market booming and demand outweighing supply, last week was the perfect time for Richard Price, Managing Director at Dezrez to join Tom Hodson from Seven Capital on their Seven Questions Podcast. With a focus on ‘The Future of Lettings’ Tom and Richard discussed the latest rental market news and updates.
As the industry adapts to the challenges brought about by the pandemic and Brexit, this podcast drills down on the future of the rental market, giving valuable personal insight, detailed reports and business strategy advice for coping with industry changes.
There’s no denying that the traditional landscape of the property industry has been shaken with a boom in agents turning to intelligent and automated PropTech solutions to future-proof their letting agencies. The pandemic has taught us that in order to survive and thrive, real estate agents need to be able to rely on their PropTech suppliers to ‘supply’ when faced with new challenges such as legislation, compliance and an unprecedented rental demand.
As more people turn to short and long term lettings there is also a pent-up request from clients for UK properties in more suburban and rural locations. Research further shows that the buy to let market in such locations is flourishing, with rent also peaking at an average all-time high of £1,007 per calendar month. The London property market however, has seen a sudden dip in interest for the first time with a -9.4 rental growth pre lockdown.
In this 30 minute podcast tune in as Tom and Richard demystify the private rental sector and discuss the future of the UK rental market. Discover what more agents can be doing to win more landlords and manage portfolios more efficiently. With tips, tools and personal experience offered by Richard Price a landlord himself, this real-life focused podcast is a must listen to for agents looking to gain key takeaways that will better equip them to manage the future of UK lettings.
You might like: Financial Planning - A Guest Blog by SevenCapital
