October has seen a definite downturn in the number of prospective applicants looking for property to rent.  This means less interest in the viewings, and of course less applications received into the office.

With the market currently favouring tenants, setting the correct rent price is vital. Our job as managing agent is to ensure our advertised rent prices remain competitive to reduce vacancy times for our clients.

The good news is that from November, we generally see an increase in enquiry, in preparation for the peak holiday season.

STATISTICS FOR OCTOBER

Northside:  Total of 15 properties leased

Southside:  Total of 23 properties leased

Office Vacancy Rate: 1.53%