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Property spotlight: Rental market trends

Rents increased by 4% in 2022, the fastest rate for seven years, with significant rental growth in several large UK cities.

According to the Office for National Statistics (ONS), 1 in 4 tenants surveyed at the end of last year said their rent had risen in the previous six months.

Property website, Zoopla, reports that the average monthly rent is £117 higher than this time last year, with a heavy demand for one and two-bedroom flats in major UK cities with strong employment markets and significant student populations. The average UK monthly rent is now £1,078, a 12.1% increase since the start of last year.

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Gateway Residential: A lettings service that delivers on its promises

Gateway Residential provides an experienced and highly efficient lettings and property management service, nationwide. We build what we do around the requirements of our clients, whether they own an individual property or large portfolio.

Our team prides itself on delivering a proactive, professional service, making owning property seamless from marketing your home on all the right channels to serving notices during and at the end of a tenancy. We make sure we know your property inside out and understand your requirements. From then on, you can count on our full support around the clock, with a direct and open service to realise and maintain property value.

Gateway Residential focuses on keeping tenants happy, timely rent collection, performing regular inspections and account reporting. Support can also include asset management, property upgrades, insurance brokering and more. From a little advice to full management, we’re here to help.

Reasons to choose Gateway Residential:

  • A bespoke service, tailored by our experts
  • Direct, open and proactive lettings & property management
  • 24-hour support, so we're always here when you need us
  • The latest technology for efficient, streamlined management
  • Commitment not to compromise on your property's maintenance
  • Regular communication, keeping you up-to-date at all times

Reasons to choose Gateway Residential:

Gateway Residential has a free online guide covering the essentials.

Our quick guide explains the main legal requirements when becoming a landlord, as well as the fundamentals, such as gaining consent to let and checking your insurance requirements. Take a look, using the link below.

If you need expert support in managing an individual property or portfolio, our team is only a call or email away. Just contact Gateway Residential on 01702 443 546 or info@gatewayresidential.co.uk.

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Property management update: 
New year, new homes to look after

Gateway Property Management is delighted to add a further 800 homes to its ever-expanding portfolio. What a great start to 2023 for our nationwide teams.

Repeat business includes the management of the next phase of two residential developments, both on the coast.

The first scheme is in the bustling seaside town of Lytham St Annes, Lancashire. The stylish new homes have picturesque views across the Ribble Estuary and the Irish Sea, with Blackpool just a few miles south for an array of attractions, such as the Blackpool Tower and Pleasure Beach. Not forgetting the annual, 6.2-mile-long Blackpool Illuminations!

We’ll also be taking good care of a further phase of modern homes in Axminster, Devon. This quaint market town, built on a hill overlooking the River Axe, is full of traditional charm and character, with the stunning East Devon Area of Natural Beauty all around for 100 square miles of glorious countryside.

Looking for a managing agent you can depend on?

We treat every property individually. Whether your portfolio is large or small, we’ll happily take care of it – locally and personally – from our offices in Essex, Leeds and London. To discuss how we can best support you, call us today on 01702 443 555 or click here.

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Let us look after your property

Call us on 01702 443 555 or contact us to arrange a chat.