Content

All Agent's Awards

Cross Keys Estate Agents All Agents Award

Please click HERE for more details of our most recent awards.

Back to top
  • Cross Keys Estates - Residential Sales and Lettings - Fast and Furious Rental Market

    Fast and Furious Rental Market

Property Portal Logos
  • Cross Keys Estates - Residential Sales and Lettings - Fast and Furious Rental Market
    Fast and Furious Rental Market

Fast and Furious Rental Market

Jun 2022


By Jo Rees, Lettings Manager

Back to Key Notes

Anyone that has been trying to find a property to let recently will know that the rental demand in Plymouth remains high. As soon as a property is listed on our website, our Facebook page, or Instagram we are inundated with enquiries. There is a definite shortage in rental properties which in turn has pushed rents up to an all-time high.  

The competition is ferocious with good quality tenants desperate to secure properties, we as agents feel for applicants and understand the frustration of not being able get their foot in the door. The pace from releasing a property to it being Let Agreed is literally days, sometimes hours.  

My advice to tenants looking for properties is to set up alerts on websites, register with letting agents and when applying for properties provide as much information as possible on your current circumstances to include income details. Have your documents ready, generally letting agents will require proof of ID (passports and driving licences). At Cross Keys Estates we like to give everyone a fair chance and encourage them to apply for properties via our on-line portal.  All applications are acknowledged and viewed by landlords; we will then let all applicants know the outcome of their application.

Landlords are also feeling the pace having to ensure that properties are turned around quickly for new tenancies. There are many considerations for landlords to be aware ensuring that properties are compliant with Gas Safety Certificate, Electrical Installation Condition Reports and up to date Energy Performance Certificates. In October the new legislation regarding Carbon Monoxide Detectors will come into force.  At Cross Keys we help our landlords to ensure that these safety checks are carried out and in place. We are encouraging our landlords to install CO2 detectors correctly now.  

Obviously, the question is can this fast moving rental market be sustained.  We don’t see it calming down anytime soon.  Unless there is a mass influx in rental properties coming to the market in the next month or two, the trend of rents going up and properties letting within hours will continue for some months to come.  So buckle up and ride it out!

Cross Keys Estate Agents Blog Header

Back to Key Notes

Properties of the Week

Cross Keys Estate Agents Sales Property of the Week 1

Sales Property 1

Kneele Gardens, Hartley Vale

£425,000 Offers in Excess of

2 4 2

Click to view details

Cross Keys Estate Agents Sales Property of the Week 2

Sales Property 2

Mavisdale, Mayflower Leat

£250,000 Offers Over

1 4 1

Click to view details

Cross Keys Estate Agents Lettings Property of the Week

Lettings Property

Endsleigh Park Road, Peverell

£1,175 pcm

2 3 1

Click to view details

Rightmove Property Website Logo
PrimeLocation Property Website Logo
Zoopla Property Website Logo

Key Notes Blog

Plymouth As A Lifestyle Destination Part 2

Hello again everyone and welcome to the second instalment of my guide to different aspects of life in Plymouth. As we head nearer to Christmas and start wearing woolly jumpers and big coats, we start to organise ourselves in...

Read more...

A Drop in Temperature and a Drop in Prices

Hello again folks and welcome to autumn. Did you know that according to researchers, autumn is the least liked...

Read more...

Plymouth As A Lifestyle Destination Part 1

Hello again folks, as we well and truly leave summer behind us, I thought I would take a moment...

Read more...

Don’t Look Down!

Hello again folks, and thank you in advance for reading my blog. Sometimes I need to say things that...

Read more...

To insulate or not insulate? That is the question

Hello again folks and thank you in advance for continuing to read my blogs. I always try to find...

Read more...
National Association of Estate Agents Website Logo
Association of Residential Letting Agents Website Logo
National Federation Of Property Professionals Website Logo
The Property Ombudsman Website Logo
Trading Standards Institute Website Logo
Trading Standards Website Logo