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clinton

Re: The Growth of the Lettings Market
« Reply #20 on: May 19, 2011, 05:56:50 pm »
Same here with more enquireys by the tennants.


The Great One

  • Posts: 12722
Re: The Growth of the Lettings Market
« Reply #21 on: May 19, 2011, 08:52:34 pm »
Letting agents in our area are saying that things are stagnant, once people are in, they stay. In.

The rates for EOT cleaning is on the floor, dont know how people make a profit, went into an agency tother week and their current cleaners were just walking out. It was there office cleaners doing it! Couple of bog rolls in a tray, some j cloths and a few different types of Mr Muscle.

My other half has a few properties and the tennants are staying, arent moving, she hasnt put the rents up for ages, so tenants stay. If they go you nearly allways a have a month or so slack whereby you dont have some one in there paying rent.

Also one of my biggest LA's has now gone into doing Inventories  as ther isnt the profit in the lettings anymore and no agro either. No moaning tennants or moaning Landlords. Evidently easier money and lots of it.

Hi

I was talking with my LA client today and we were discussing exactly that, there are more lettings but people are staying put which equates to no movement and as EOT cleaners you need movement for continious work, otherwise there isn't any.

Time will tell I guess.

Martin 8)

clive ware

  • Posts: 540
Re: The Growth of the Lettings Market
« Reply #22 on: May 19, 2011, 09:14:10 pm »
I`ve lost most of my eot work down here pretty much down to price. I only do carpet and upolstery but they just dont seem to want to pay. I was charging around £150-160 for an empty 3 bed house which I dont think is that expensive.
The only time I ever get calls now are when the carpets are absolutely minging because they know the sort of work I do. Also get calls from the owners of the lettin agents to clean their carpets because they know they get done properly.
One particular agent, who i used to do loads for have called me three times this year. 2 unbelivabely terrible carpets which I could have drastically improved but turned down my quote and the owner whose massive house I cleaned. I even rent 2 properties out through this agent and inbetween the last let, I asked them if the carpets needed cleaning to which they replied `its ok, weve already had them done`!!

Hilton

  • Posts: 5572
Re: The Growth of the Lettings Market
« Reply #23 on: May 20, 2011, 08:42:01 am »
 ;D Bloody cheek , you should complained about the quality of the carpet clean.

Like I say probably geographical but I can only see this area getting busier.

Adam P

  • Posts: 1456
Re: The Growth of the Lettings Market
« Reply #24 on: May 20, 2011, 08:39:46 pm »
the advice on these boards is don't rely on it as they are quick to drop you if you can't clean a carpet sunday evening that's just one bedroom and you only get told saturday morning etc.

garyj

Re: The Growth of the Lettings Market
« Reply #25 on: May 21, 2011, 02:40:04 am »
the advice on these boards is don't rely on it especially if its written by an idiot like me.

Adam P

  • Posts: 1456
Re: The Growth of the Lettings Market
« Reply #26 on: May 21, 2011, 11:26:10 am »
that's not nice to say about yourself garyj. you should have more confidence in yourself as i'm sure there's some wisedom in that head of yours.

Hilton

  • Posts: 5572
Re: The Growth of the Lettings Market
« Reply #27 on: May 21, 2011, 06:31:21 pm »
two reports out on Friday and reported on the news shows rental demand at record high.

Answers the question
 ;)

The demand for rented accommodation in the UK is reaching record levels.

That is according to Paragon Mortgages, which carried out research and found that a huge majority of landlords are seeing demand for their properties grow.
In total, 92 per cent of respondents say that demand is stable, growing or booming and Paragon claims that this is the second highest level on record.
The mortgage provider says that these results point to a changing housing market with people opting to rent instead of buy due to its affordability and flexibility.
In addition to these figures, Paragon also discovered that landlords’ properties are now empty for less time than previous years, with the average property being without a tenant for just 2.96 weeks per year – a fall of two per cent compared to the last quarter.
“We have been running this survey for five years and have seen a very strong trend of growing tenant demand throughout this period,” commented John Heron, director of Paragon Mortgages.
“But recently, in both our own research and that of others, we’ve seen demand for private rented accommodation hit new peaks.
“Demographic influences that underpin the private rented sector are all continuing to rise, which bodes well for continued healthy growth of the buy-to-let sector,” he added.

Oneills onb

  • Posts: 198
Re: The Growth of the Lettings Market
« Reply #28 on: May 21, 2011, 07:28:14 pm »
I would say 85% of our work is eot, we do work for around 5/6 la and they always keep is busy every month. They have used the cleaners that charge 10per hour and always come back to to us as they know what that they get from us.

With my la we get on very well in the case of going out for dinner and drinks brought by either side but it all comes down to how well you get on with the la.

Adam P

  • Posts: 1456
Re: The Growth of the Lettings Market
« Reply #29 on: May 22, 2011, 09:06:15 pm »
Hilton: you should look out for one which says if rental cleaning is at a record high not rental demand. all that says is more people rent then before, so therefore less people are moving out to their own home, so to answer the question less cleans. it also says less time that they are empty which would also suggest that this means less are moving.

my mums rented house is not empty this year where as it was previous years so it wont be cleaned in between tenancy. 1 of my brothers and 1 of my sisters is at uni and they wont be moving either as rent is cheaper for them if it's not empty for 2 months, and they don't need to get it cleaned.

don't get me wrong i'd love it if eot cleans increased as we get loads of them but i just don't see how it'll get better with the economic crisis. there is still just as many houses then there was before with carpets or even less as eot places often go for cheap wood flooring, but there is also now less houses where the customer will want to pay top money, and less houses where you get a customer for life as they'll be typically be cleaned once at the end of tenancy and never in the middle where as home owners may be once every 6 months.

i'd rather clean a decent quality carpet for a home owner so i can take my time and charge a better amount for a better job, then clean a cheap rubbish quality trashed carpet that the person paying doesn't want to pay for.

Hilton

  • Posts: 5572
Re: The Growth of the Lettings Market
« Reply #30 on: May 24, 2011, 08:41:51 am »
Hilton: you should look out for one which says if rental cleaning is at a record high not rental demand. all that says is more people rent then before, so therefore less people are moving out to their own home, so to answer the question less cleans. it also says less time that they are empty which would also suggest that this means less are moving.

my mums rented house is not empty this year where as it was previous years so it wont be cleaned in between tenancy. 1 of my brothers and 1 of my sisters is at uni and they wont be moving either as rent is cheaper for them if it's not empty for 2 months, and they don't need to get it cleaned.

don't get me wrong i'd love it if eot cleans increased as we get loads of them but i just don't see how it'll get better with the economic crisis. there is still just as many houses then there was before with carpets or even less as eot places often go for cheap wood flooring, but there is also now less houses where the customer will want to pay top money, and less houses where you get a customer for life as they'll be typically be cleaned once at the end of tenancy and never in the middle where as home owners may be once every 6 months.

i'd rather clean a decent quality carpet for a home owner so i can take my time and charge a better amount for a better job, then clean a cheap rubbish quality trashed carpet that the person paying doesn't want to pay for.

There are several reports out there saying just that but research for yourself, I put one on as an example. My original point was that we have seen an increase in business from this sector and tried to find out why.

We always watch the trends on whats going on out there, but you can lead a horse to water as they say.