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Events

A first attendance at the virtual RESI Convention in Wales for Westbury Property. The virtual event will take place on 10 & 11 November. Carol Chart commented “We are hoping to promote Westbury Property and to establish many new contacts at this event”.

https://www.resiconf.com/resiconvention2020/en/page/home

Insights

Westbury Property Performance: Renewals & Lettings Q3 2020

Result
%
 
+0.30 On Renewals
-3.25 On Re-lets

The drop in lettings is due to 2 flats belonging to a holiday let company having multiple cancellations due to Lockdown and wanted the properties re-let asap at a lower rental to remain solvent. This brought the overall new lets figures down, if however, more time was available the new lets figure would have been around -1.8%.

When ‘London rents 3rd quarter 2020’ are inserted into Google, the market is saying the overall performance is much lower than what Westbury Property has achieved in terms of these figures. The Daily Telegraph are calling the market down anywhere between 5 and 8 and as much as 11% We at Westbury Property are very proud of our performance as in spite of the pandemic and all problems associated with it, Westbury Property continues to buck the trend with an exceptional performance.