The fourth quarter of 2005 was a typical one - very busy just before Christmas with a high number of tenant's moving-in just before Christmas Day. October and November saw a 'tailing' off of new properties coming on to the market, which is of unfortunately, is a seasonal trend.
Market appraisals were up on the previous quarter indicating a many new properties coming on the rental market in the New Year 06.
Moving on to the next three months - January is the 'second' busiest month of the year - August being the busiest, and as usual we require properties to meet the expected demand. Many people have job promotions, re-locations etc in the New Year and therefore there is normally good movement in the property market - Both letting and sales!
I anticipate the small interest rate cut last year should see an effect on the residential sales market and boost the buy to let market - which saw a fall last year.
