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Reside Named in Top 5% Of UK Agents

Posted on by prateek

Reside has been named as one of the country’s leading letting agents in the largest and most rigorous analysis of the nation’s property sector.

The Best Estate Agent Guide, which is produced by The Property Academy in conjunction with Rightmove, is the only industry award which does not require agents to nominate themselves or pay to enter. Every estate and lettings agency on Rightmove, which amounts to over 90% of agents in the country, is automatically entered into the awards.

The Best Estate Agent Guide covers over 90% of UK estate agents, is independently assessed and transparent

Gold Award Winners: The Reside Team

Initially, every agent’s Rightmove data is analysed over a six-month period against criteria such as average letting time, and how frequently properties returned to the market after a let fell through. The best performing 2,500 agencies are then mystery shopped to put their customer service and efficiency to the test.

Everyone at Reside is absolutely honoured to have been awarded the Gold Award in the 2021/22 Best Estate Agent Guide, the highest rating that can be achieved which places us in the top 5% of agents nationwide.

Ben Bower, Reside’s Managing Director, commented, “This award is a wonderful testament to the hard work of our staff, whose expertise in lettings provides complete peace of mind to our landlords. Being placed in the top 5% of agents in the country reassures us that we have been getting it right to date, but rest assured we won’t rest on our laurels – we are always trying to improve our services and our own expertise.”

Reside is an independent letting agent in Bath. Please get in touch if you would like to discuss any aspect of letting or managing your property; we would love to hear from you.

Reside Review: February 2021

Posted on by prateek

There has been continued demand for rental properties in Bath throughout February 2021, maintaining the trends we saw in January when demand outstripped supply.

Smaller, more ‘typical’ investment properties have let very easily throughout the month, and while there has been fair demand for family homes, there have been precious few available on the market. At the very end of the month, we saw several larger properties return to the market as tenants gave their notice; as we grow closer to half term and Easter beyond, we will likely see this market become more active as families, who are traditionally reluctant to move during the winter months, start to make plans for the year ahead.

The lockdown that ran throughout February has not had a major impact on our activity; it has become common knowledge that our sector has been permitted to continue working, so tenants have been free to proceed with home moves and viewings. It has been encouraging to see how well clients have responded to the Covid safety measures we have in place, which have served us very well thus far.

On that note, B&NES council has made asymptomatic Covid testing available to local workforces who are unable to work from home, and come into regular contact with the public. This means that our staff will be able to get tested on a weekly basis, giving our clients even more reassurance that we are taking every precaution to safeguard their health.

Rightmove data shows a shift to rural areas

Data released by Rightmove during February shows a definite shift from major cities to more rural areas over the course of 2020. The area hit hardest was Greater London, which saw average rents drop by 6.4% over the year. In contrast, average rents in the South West increased by 5.4%, although it should be pointed out that parts of Devon and Cornwall, where rents are typically lower than in Bath, will have contributed to this figure.

Source: Rightmove.co.uk

The much-publicised exodus of renters from London is certainly something that we have witnessed in Bath, and we expect this to continue throughout the year as lockdown restrictions are relaxed. Cities such as Bath, with strong transport links into the capital, are prime destinations for renters looking to escape densely populated, built-up areas.

Bath Celebrates Its Property Sector

The Bath Property Awards are almost upon us, and we are delighted to be nominated as finalists. Held on Friday 12th March, the online ceremony brings together businesses from all corners of the property sector; it is remarkable to see the strength and diversity in the businesses nominated across the categories. Regardless of what happens in our ‘lettings agent’ category, it’s a pleasure to be in such enterprising and esteemed company.

Do check out the Bath Property Awards website to read more about the other businesses involved.

Reside is an award-winning independent letting agent in Bath. Please get in touch if you would like to discuss any aspect of letting or managing your property; we would love to hear from you.