Davis and Gibbs www.davisandgibbs.com sales department are pleased to announce record levels of sales compilations predicted for August following on from a great under offer in May & June. The sales team are seeing great success with vendors achieving similar prices to that of 2007, house prices have risen since the start of 2010, roughly 15 22% in the South of London, however on a national level we saw a slight dip in July with the average price falling from 8.7% – 6.6% (Nationwide Report) leaving the a lot of experts scratching their heads as London is one of the few markets bucking the trends of the recession.
Some doom mongers are predicting a dip at the end of the year however demand in the London market appears to be constant with buyer registration levels increasing, the team at Davis & Gibbs thinks this will sustain the market into 2011.Davis and Gibbs lettings are growing from strength to strength, and we are seeing record levels of tenants due to London being the main hotspot for EU workers and students a like, the team are constantly looking to source new Landlords to appease the demand especially for the 2 and 3 bed sector. Davis and Gibbs are currently urging private landlords to use our services as more scams are being revealed on Gumtree the latest being fraudsters posing as Landlords who are members of the NLA (National Landlords Association) with unsuspecting tenants handing over money to false landlords, scaring them off the private sector, resulting in more tenants using registered agency’s.
“It is imperative that tenants use professional agencies, who are ARLA registered and who are able to advise and protect tenants throughout their property search/tenancy agreement. Landlords also are advised to seek professional help, with new legislation’s being pushed forward and more stringent rules with tenancy deposit schemes coming to light. The DIY method, just simply will not work in this day and age¦. Daniel Killick (Lettings Manager)
The company has recently had a successful recruitment campaign with new additions in all three of our office’s Acton, Oval and Balham and we are still recruiting, due to the overall success of both sales and lettings, Davis & Gibbs are predicting a bright future.”
For further information contact:-
Brian Gibbs – Managing Director
Davis and Gibbs,
94 High Street,
Tel: 0208 752 3040