14% increase in calls to Moneypenny’s property team

Telephone answering specialist Moneypenny has reported a 14% increase in calls to its dedicated property team in the period 1st April to 30th June as compared to the first quarter of 2014.

In call trend data released today looking back on the first half of the year, Monday has been identified as the busiest day of the week for handling calls for estate and letting agents, with the hours 9-10am and 4-5pm those when Moneypenny’s property team is most needed to support the activities of the sector, taking those calls that would otherwise go unanswered. The single busiest day was Tuesday May 27th.

Property calls had increased by 21% as compared to the same period last year, with valuations up 7% and viewing requests up 10%. A total of 42% of calls taken across Q1 and Q2 related to new business enquiries.

Moneypenny’s Commercial Manager, Corporate and Property Samantha Jones who works closely with agents of all sizes explains: “Property is a large and ever growing sector for us. We are currently answering around 1.1 million calls a year for more than 800 estate and letting agents as well as new home developers. The first half of 2014 has been very busy, reflecting trends across the industry. January this year, for example saw a ‘like for like’ 26% increase in calls as compared to January 2013 and typically we have seen dramatic spikes in call activity around Bank Holidays, when agents are particularly busy or short staffed.

“It has been an interesting exercise closely analysing the data we produce daily here at Moneypenny and formulating it into a broad trend analysis we can issue to the sector. While the information is of course vital for us internally, we also feel that it can provide a useful temperature check for the wider industry, demonstrating how and when agents rely on their outsourced telephone answering provider. It is something we plan to issue at the end of every quarter going forward.”

Property Infographic Q1 and Q2 2014 (1)

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Revealed: the most lucrative shared living postcodes

New research from COHO, the HMO management platform, reveals that the shared living market in England & Wales generates an estimated monthly rental income of £1.4bn. But which postcode areas are creating the most income from shared living? How much are HMOs making in your postcode? Find out here COHO has analysed the estimated number…
Read More
Breaking News

Mortgage approvals continue to climb in June

The latest mortgage approval data from the Bank of England figures show that: – Mortgage approvals on house purchases for June sat at 64,167 up (+1.4%) from 63,288 in May. This signals two consecutive months of growth. Approvals are also up (+5.6%) when compared to the 60,761 seen in June 2024. This growth is positive,…
Read More
bank of england interest rate
Breaking News

Bank of England Money & Credit Report June 2025

Net borrowing of mortgage debt by individuals increased by £3.1 billion to £5.3 billion in June, compared to a £2.8 billion increase to £2.2 billion of net borrowing in May. Net mortgage approvals for house purchases increased by 900, to 64,200 in June. Approvals for remortgaging also increased by 200, to 41,800 in June. This…
Read More
Breaking News

Housing market’s summer surge dampened by soaring stamp duty costs

Housing market activity has surged, with buyer demand up 11 per cent and agreed sales up eight per cent year-on-year, defying typical summer slowdown National house price inflation has slowed to 1.3 per cent, driven by a 12 per cent increase in homes for sale and higher stamp duty costs for many buyers Higher stamp…
Read More
Rightmove logo
Breaking News

Rents reach another new record as tenants pay £400 more than five years ago

The average advertised rent of homes outside of London has risen to another new record this quarter of £1,365 per calendar month (pcm), but the yearly pace of rent growth continues to slow: London rents also reach a 15th consecutive new record of £2,712 pcm this quarter Five years on from the pandemic, new tenants…
Read More
Breaking News

Six UK vineyards where homebuyers avoid the 84% premium

Six affordable UK vineyards where homebuyers avoid the 84% house price premium and toast a better deal The latest research from Yopa has revealed that living close to one of the UK’s top vineyards will set homebuyers back an average of £494,739, 84% more than the current UK average house price. However, there remain a…
Read More