The current time has been labelled a “very interesting period” across the private rented sector, as a number of issues as well as positive trends continue to impact the market. This is having an effect on landlords and lenders alike, according to Fleet Mortgages. Current average rental yields for UK landlords sit at 5.5% according to Fleet’s latest […]
Category Archives: Lettings
UK rents continue to climb and city centres are currently seeing huge levels of rental demand from students, office workers and international tenants. The latest Zoopla UK Rental Market report has revealed how the rental market is currently performing, noting an 11% annual rent rise since Q1 2021. The average household now pays £995 per month on […]
Still the NUMBER ONE for Lettings Agent in Manchester! As you will see from Rightmove’s data between 1st January 2022 to 9th June 2022 the number of Lets Agreed were higher than our competitors, which puts us in the number 1 position out of the Top 10 Letting Agents in Manchester! Click here to see the […]
Philip James Lettings is off to a great start for 2022! According to Rightmove we are still the Number 1 lettings agent in Manchester from just two months of trading in 2022: See how we compare to our competitors. We receive hundreds of enquiries for every property we list, due to fierce competition for homes […]
Licensing Scheme Introduced in Salford to improve standard across the rental sector In 2020, Salford City Council proposed the introduction of an additional licensing scheme for 3 and 4 person Houses in Multiple Occupation (HMOs) across the city of Salford, to run alongside the existing mandatory scheme, which included HMOs of 5 or more persons, […]
We are giving our teams a break during the festive period. Below are our opening hours for each department: Sales & Lettings OPEN on Christmas Eve 9am – 12pm CLOSED from Christmas Day until 3rd January 2022 Back open on Tuesday 4th January 2022 Property Management Tenants wanting to report an emergency repairs over the […]
A Positive Outlook for the Lettings Market Our team at Philip James Lettings in Manchester are leading the way, having lets agreed on 414 properties in the last 11 weeks. We have let more than double our closest competitor, which is a huge achievement. Data source: Rightmove, based on on lets agreed by Greater Manchester […]
A lot of landlords are not aware that in Manchester planning is required to rent out a property to more than two tenants (three or more separate households/tenants). This because the Council has used a legal process called an Article 4 Direction which means that development, which in other places would not usually need planning permission, […]
As we prepare to launch our student lettings for the academic year 2022-2023 we anticipate a rush of students looking to find accommodation. With universities welcoming students back to lectures more and more, student life is returning back to normal. Last year Philip James managed to let 100% of our student portfolio and were the […]
Philip James are pleased to announce that after working with Lewis and Michelle at Lewis Phipps for the last 6 months, we have now acquired the business. This is our 4th acquisition in 2 years as we continue to grow and invest in the business, this is all been made possible by your successes and […]