We rule the election.

The letting industry has doubled in size since we first entered this millennium, and is expected to continue becoming a contributing part of Britain’s economy.

And unlike most other industries, this isn’t one that is just focused in London, for example: Leeds is the second largest metropolitan district and continues to grow at a quicker rate than areas south of the country.

With the election looming closer, the main parties will be looking for an industry that has great potential to grow without much intervention that they can focus their attention on.

Lettings is more than just simply renting a house to a person. It boosts the economy by supplying jobs, it gives people a chance to have a home not just a house, and with the continued growth it’s almost definitely a main subject when the general election gets going.

The private rented sector (PRS) is in the spotlight at the minute because the political parties have recognised the quality of accommodation as a key issue to help them get votes.

To put it bluntly, tenants will decide the outcome of the election in May.

Business wise, this is perfect opportunity to take advantage of and try to get your agency at the forefront of your local market.

Make sure your voice is heard

Don’t be afraid to support a particular party or express your views, even if is controversial. You won’t lose customers because you wear a blue tie instead of a red one.

While being loud and proud is important you have to make sure it is for the right things. So although opinions and preferences are ok, make sure you stay on topic and within the industry. Be knowledgeable so no one can catch you out and keep up to date with the news

The closer we come to May 7th the faster the news cycle will change. Be on top of the ball, for example: Here at Invento Towers, we have a TV screen that constantly shows a live feed of news, this makes sure that if any breaking news effects the property industry, we know about it straight away.

You will soon be seen as a go-to for news and strong opinions, especially on social media, you can join in on conversations and interact with other experts in the industry.

For example, you may mention the ongoing portal war that is happening, this could lead to a healthy debate on social media that you can then bring into the office and talk to landlords about. Make sure you see every point of view.

Understand your target market and edit your messages appropriately. Landlords will be more impressed that you are knowledgeable about the industry and can predict how that will affect them rather than your portfolio and metrics.

How does LettingFix fit into your office?

LettingFix supplies letting agencies, landlords and property managers with a market leading repairs software system.

From a 40 language guided repair-reporting system (and if we don’t have the language you require we can get it sorted within 24 hours) to a personal concierge that can deal with all your needs.

LettingFix has only been launched for a few days but it has already spiked great interest and customers are transferring to LettingFix from other repair reporting systems because it is simply better.

Alex Evans

You May Also Enjoy

Breaking News

2025 Predictions for the Private Rental Sector

Allison Thompson, National Lettings Managing Director, Leaders Romans Group (LRG) “As we approach 2025, the lettings industry is entering a phase marked by stabilisation and opportunity. Rental inflation has slowed to an average of 3-4% for new lets, reflecting the effects of affordability constraints; renters’ budgets are beginning to limit how much rents can rise.…
Read More
Breaking News

Response to Matthew Pennycook’s Statement on Leasehold Reform

Yesterday, Secretary of State Matthew Pennycook made a Ministerial Statement on the future of leasehold reform. Responding, Mark Chick, director of ALEP and a Partner at Bishop & Sewell LLP said: ALEP welcomes the ministerial statement which puts in place a timeframe and some objectives for the implementation of the Leasehold & Freehold Reform Act.…
Read More
Estate Agent Talk

Essential Garage Storage Solutions for Small Spaces

Maximize your garage space with practical storage ideas that keep your items organized and accessible. If you’re dealing with a smaller garage, smart solutions can make a big difference in keeping your space neat and usable. 1.  Wall-Mounted Storage Wall-mounted storage is an excellent way to save space and keep your garage organized, especially in…
Read More
Breaking News

Breaking Property News 21/11/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Helping clients raise capital at speed Press Release New York – Agora, a leading real estate investment management platform with offices in New York City and Tel Aviv, is announcing the launch of its Smart Questionnaire. This tool is designed to help real estate LPs complete…
Read More
Home and Living

How to Protect Your Property from Flooding and Water Damage

Flooding and water leaks can cause significant damage to your home or office. However, many issues can be prevented by taking proactive measures to protect your property. In this article, we’ll explain how to minimize risks and prepare for potential water-related threats. 1. Inspect and Maintain Your Plumbing System One of the most common causes…
Read More
Breaking News

ONS House Price Index – November 2024

Headlines Average UK private rents increased by 8.7% in the 12 months to October 2024 (provisional estimate); this is up from 8.4% in the 12 months to September 2024. Average rents increased to £1,348 (8.8%) in England, £766 (7.9%) in Wales, and £976 (6.6%) in Scotland, in the 12 months to October 2024. In Northern…
Read More