THE RENT GUARANTEE COMPANY LTD

Harlow house sales have surged by 35.4% compared to 2023, highlighting the resilience of our local property market. Explore the key trends shaping this growth and what it means for buyers and sellers in the Grantham area. Read the full article here: https://lnkd.in/eUxEgmEV

The big day is less than a week away, and we hope you’ll have the chance to take some well-earned time off. Here's a blog that we posted last year but is still relevant again for Xmas 2024 - https://lnkd.in/euZ5hM5r

Why are more and more of Harlow's OAPs choosing rentals over home ownership, and what could this mean for the local property market? As recent data highlights a 52.8% surge in private renting among the over-65s nationally over the last decade, Harlow's savvy landlords might wonder: could this be a golden opportunity? Click the link below to read more about the potential opportunities awaiting both tenants and landlords in Harlow ➡️ https://lnkd.in/eR3HGz7j

The map above illustrates the average change in rental values across different areas of Harlow over the last five years. It highlights a clear trend of rising rental demand and prices, underscoring the shifting dynamics in Harlow property market and shows varied changes, providing landlords with an insight into their specific neighbourhood's performance. Understanding these trends is crucial for landlords to ensure they are maximising their property's rental potential. The last five years have seen unprecedented challenges and opportunities in the rental market, and staying informed can make all the difference in maintaining or increasing returns on your investment. If you’re a landlord wondering whether your property's rental level reflects the current market, we’d be delighted to assist. As part of our commitment to supporting Harlow property community, we offer a complimentary, no-obligation rental assessment. Whether you work with another agent or self-manage, we can provide a detailed insight into your property’s performance in today’s market. Reach out to us to ensure you’re not leaving money on the table in this rapidly evolving market. Let us help you stay ahead.

As we start to head into the festive season it's a timely reminder of how to keep our home safe from fire. Please forward this to anyone you think may benefit from reading this. 🔥Ensure you have a working smoke alarm installed on all levels of your home. Test your smoke alarms weekly and never remove batteries to power presents! 🔥Never leave cooking unattended and avoid cooking whilst drunk. The majority of fires start in the kitchen so this is a high risk area. Always turn off kitchen appliances when you have finished cooking. 🔥Never leave candles unattended. Keep decorations, cards and wrapping paper away from candles, fires, lights and heaters. 🔥Ensure you switch off fairy lights and unplug them before you go to bed, or leave the house. Check your Christmas tree lights conform to the British Standard (BS EN 60598). 🔥Always use an RCD (residual current device) on outdoor electrical equipment (This safety device can save lives by instantly switching off the power if there is a fault and can be found in any DIY store). 🔥Don’t overload sockets - ensure only one plug per socket. Always turn off plugs when they are not in use, except those that are designed to be left on, like freezers. 🔥Make sure cigarettes are extinguished properly and never smoke in bed. Put it out, right out. Source. Gov.uk

Today it SMALL BUSINESS SATURDAY ... How can you support your local Harlow business? #smallbusinesssaturday2024 #smallbusinesssaturdayuk #Harlow

We know how frustrating it can be as a Landlord when you get call outs from your tenants especially over the holiday period. At TRGC we have our own in-house maintenance team who take care of those minor issues so we won't even need to bother you. Renting to us you can 'Let and Forget' knowing your property is being looked after. Please share this to any Harlow Landlord who might want to find out more about this and the other benefits of working with us at TRGC. #maintenance #callout #landlord #harlowlandlord #HMO #rentalproperty

So there’s a fair bit for a landlord to think about over the holidays, not just a Landlord’s job Checklist, and this week’s blog is full of festive tips for managing your empty or occupied rental property this Christmas. https://lnkd.in/eMiYj-i3

Winter is the time when most problems arise in rental properties. Emergency callouts abound, and insurance claims rocket, mostly from water or weather damage. While your policy might cover the costs, the inconvenience of midnight phone calls, stressed-out tenants and urgent repairs is something every landlord wants to avoid. Autumn is the perfect time to plan for the colder months, get ahead of the elements and give your property a seasonal MOT and fix any minor repairs before they become a major headache. Covering everything from your legal obligations, the checks to make at your property, and the conversations to have with your tenants, this week’s blog is a complete landlord’s guide to getting your rental property prepared and protected for winter. Click the link in the comments to read the full article https://lnkd.in/eyy8akJM

UK Property Market Weekly Update for the ending Sunday, 17th November 2024, (week 46) · Listings (New properties coming on to the market) - 29k UK listings this week (week 46). YTD 2024, listings are 8% higher compared to 2023 YTD. · % of Resi Sales Stock being reduced (Monthly): 13% of Resi sales stock was reduced in the last month. 14% last month and long term 5 year average 10.6%. · Total Gross Sales - 24.2k UK homes sold stc this week (Week 46), slightly more than last week. 19.2% higher than the same standalone week (week 46) in 2023. Also, 8.5% higher than 2017/18/19 YTD levels & 14.9% higher than 2023 YTD levels. · Sale Thru rate (Monthly): UK Estate Agents sold 16.11% of their Resi sales stock in Oct ’24. Sept ‘ 24 was 14.79%. 2024 average is 15.86% & the 7 year long term average is 17.9% per month - yet don’t forget that was only in mid/late 20%’s in the crazy years of 20/21/22). · Sale fall-throughs - For the week 46, Sale Fall Thrus (as a % of Gross sales Agreed) dropped significantly to 25% (down from 28.8% last week). The 7 year Long Term weekly Average is 24.2% and it was 40%+ in the two months following the Truss Budget in the Autumn of 2022. Agents lost 5.8% of their sales pipeline in Oct’24 (up from 5.6% in Sept ‘ 24). · Net Sales - 18.1k this week (17k last week). 18.2% higher than the same week 46 in 2023, 76% higher than the same week 46 in 2022 & still 17.3% higher YTD in 2024 compared to YTD 2023. · % of Homes exchanging vs homes unsold - Of the 1,358,587 UK homes that left UK Estate Agents books since the 1st Jan 2024, 728,138 of them (53.6%) exchanged & completed contracts (meaning the homeowner moved and the estate agent got paid). The remaining 630,449 (46.4%) were withdrawn off the market, unsold. In essence you a flip of the coin chance of actually selling, homeowners moving and the estate agent getting paid. · UK House Prices - As explained in the show, the £/sqft figure foretells and predicts the Land Registry 5 months in advance with an accuracy rating of 92%. Final October figures saw a slight jump in this important metric to £346/sq.ft. For comparison - Sept’s £339/sq.ft, August’s £338/sq.ft, and July at £341/sq.ft. This means house prices are slightly growing. · Resi Sales Stock on the Market (Monthly Stat) : 725k at end of October (up from 724k at end of Sept). For comparison, Oct ’23 - 664k, Oct ’22 - 523k, Oct ’21 - 425k, Oct ’20 - 681k, Oct ’19 - 652k · Resi Sales Sold STC Pipeline (Units) (Monthly Stat): 505k at end of October. For comparison, Oct ’23 - 401k, Oct ’22 - 483k, Oct ’21 - 528k, Oct ’20 - 548k, Oct ’19 - 372k