An award-winning chartered surveyors and estate agents has reported a surge in market activity across its residential and commercial operations.
Bradley Hall has reported positive sentiment in the market both during and following lockdown, thanks to online viewings, virtual meetings and adapting the way which the company operates to meet demand and guidelines. Its residential operation has welcomed the increased the stamp duty threshold of £500,000, creating a further boost in interest.
Neil Hart, group managing director at Bradley Hall said: “On top of strong commercial and residential activity we have had a variety of additional indicators of positive sentiment in the market. In June, our website traffic increased by 72%, our branch network has significantly extended hours due to increased demand, while our Property Management team collected 16.7% more rent than the national average in financial Q1.
“Despite challenges, there has been a range of significant market activity both throughout lockdown and following the relaxation of restrictions. The North has remained resilient and we are very positive about the future of the property industry and its impact on the wider economy.
“Like everyone, we’ve missed the little things, but we don’t want to simply go back to the ‘new normal’. We have always strived for bigger and better and continue to do so - that's what has made Bradley Hall the company it is today.”
Matt Hoy, director of estate agency at Bradley Hall, said: “The residential property market is booming, demand is high and we have more people looking for properties than ever before. Rightmove recently reported 61% higher demand than this time last year, in addition to its busiest ever days for website traffic average as well as an uplift in listed prices by 1.9% while buyers are paying 97.7% of asking price - which is higher than pre-lockdown.”
For more information please visit www.bradleyhall.co.uk
