An estate agency in Market Harborough is celebrating being rated number one in the local lettings market by property website Rightmove.
The report, which collates statistics from January to mid-May, puts Andrew Granger & Co in first position for having the highest number of lettings agreed out of a total of 33 offices in Harborough and the surrounding villages. The company also had the most properties available for rent in the area.
The Market Harborough branch of Andrew Granger & Co let over one third of the 213 new properties rented in the first four months of the year, with 56 more rentals agreed than the next most successful office.
Jill Griffiths, a director and Head of Residential Lettings at Andrew Granger & Co, is delighted with the figures, but not surprised that the Harborough department leads the field.
“We have worked hard to ensure that we offer a good service to both landlords and tenants,” Jill comments. “The properties on our books are well marketed on a range of platforms to attract high numbers of potential tenants. We also work closely with our landlords to reduce the burden of tasks such as getting references and sorting paperwork.”
Andrew Granger’s residential lettings department provides letting and management services for over 1000 landlords across their three sites in Harborough, Leicester and Loughborough. The company has been a member of the Association of Residential Letting Agents (ARLA) since 1999 which offers certain guarantees and securities to both tenants and landlords.
Jill believes that there is still a healthy rental market in Harborough and Leicestershire offering landlords attractive investment opportunities despite recent government measures such as the 2016 increase on stamp duty on the purchase of second homes.
She explains: “We read a lot in the news about the decline in popularity of buy to let properties and falling yields, but actually the picture in the East Midlands is quite positive with reports that rents in the region have actually risen by around 3%. It’s still a healthy market with plenty of choice for tenants and good prospects for landlords. However, having a good letting agent to market the property and deal with tenants remains very important.”