Estate agent responds to boom in suburban property rentals
Leeds estate agent HOP’s Pudsey office is reporting its busiest ever start to the year as it embarks on an office refurbishment and the company takes delivery of a fleet of branded cars.
The branch manages a residential portfolio worth £124m, throughout the West Leeds area and extending into Bradford.
As a result of a surge in business, HOP’s Bradford Road premises is now undergoing a refurbishment programme to accommodate more visitors. It will see the office being redecorated, new flooring fitted, and modern furniture installed.
This follows HOP’s office network, in Leeds city centre, Horsforth and Pudsey, taking delivery of a new fleet of company vehicles.
Tom Wild, who heads HOP’s Pudsey office, said: “We manage a vast portfolio of properties across a wide catchment area spanning Leeds and Bradford and beyond, and this is the busiest start to a year that we’ve ever known.
“The shortage of stock of homes for sale is definitely having an impact on the rentals market.
“A fifth of tenants renting with us are doing so because they have sold their property and are waiting for the right home to come up for sale. This, in turn, is having a knock-on effect on the kinds of properties that are in demand.”
Luke Gidney, managing director at HOP, added: “Even though we invest heavily in technology, social media and our online exposure, it’s still vitally important to have a physical presence in the local community.
“With that in mind, we’re very pleased to have taken delivery of a new fleet of cars for our sales and lettings teams, which are highly distinctive and a key marketing tool for our business.
“It’s also an exciting time for our Pudsey office, which is benefiting from a major refurbishment as we continue growing our presence, and our team, in the town.”