Estate agents are suffering even more than landlords

Landlords are having a hard time of it at the moment.

Rents are struggling, property values are plummeting, BTL mortgage products are high and limited, tenants are losing their jobs, and the winters coming and its getting cold and rainy.

Fellow landlords, it could be worse. You could be an estate agent.

Figures have been released by RICS ( Royal Institute of Chartered Surveyors ) this week saying that UK estate agents are selling on average less than one property per week.

These depressing figures were re-enforced by an estate agent I saw chatting on BBC Working Lunch.

He suggested that the true figures might be even lower, saying that he had sold only one property in the past month.

With the cold and rain of winter coming, estate agents face a harsh few months.

As we all know winter is a quiet time for property sales.

Anyway, lets look on the bright side, with gas and oil prices set to come down they may be able to afford to keep their offices warm this winter.

With warmth as always

Your darling Margo

Property Hawk is a site aimed directly at UK Landlords. The site incorporates free property management software that enables landlords to track all their financial data relating to their portfolio. It allows users to print tenancy agreements and other forms FREE FOREVER. The site generates a real time rent book for each property as well as calculating a landlords tax liabilty.