GFW Letting continues to grow
In 2013, GFW Letting was created to provide a specialist lettings and property management arm of the well established George F. White Group.
Fran Mulhall, Regional Operations Manager at GFW Letting, explained: “The evolving trends of the property market, where renting is seen as a mid to long term option for many people for reasons such as a struggle to get on the housing ladder has seen privately rented homes increase by 63 per cent since 2001. As such, there is a demand for both rural and urban property which is outstripping supply. We understand that, in line with renting now also being a lifestyle choice, the expectations in terms of both the quality of the property marketed and the service given by the agent has increased significantly.”
Northumberland GFW Letting is based within the George F. White office in Alnwick.
In 2014 GFW Letting acquired Davis Keep Limited, a residential lettings business based in Newcastle and opened their second office in Gosforth.
Both offices are enjoying strong and steady growth – 29% percent growth year-on-year 2014/15. The Northumberland base has expanded into new areas including the area from Belford to Berwick, with the dedicated property management team now looking after 170 properties from Berwick to Darlington. Lorna Morris, the Lettings Manager of the Northumberland office has seen a marked increase in the number of enquiries from potential tenants and is currently letting popular properties within a matter of days.
Mulhall continued: “The rental market is saturated with unregulated poor quality agents, many of who still see residential lettings as the poor relation to sales in terms of service offering. Lorna had a great year of growth last year and this was helped by taking over the management of some portfolios that have really benefitted from the local knowledge she has coupled with our slick operating systems, to ensure landlord voids are kept to a minimum.”
GFW Letting is regulated by both The Association of Residential Letting Agents (ARLA) and The Royal Institute of Chartered Surveyors (RICS) .