Member Article

Property firm confident about property market activity

Property development company, Empire, remains confident about the Yorkshire market, despite the delays in construction due to the pandemic.

Paul Rothwell, managing director, reports that enquiries for sales and lettings of their properties remain at a healthy level, speaking about this he said, “Whilst we may not be on site building at the present time, it is being reported that online browsing for property is up and, as a result, we are still receiving enquiries.”

Empire currently has 4,830 units under development across 37 sites. The company launched its latest development, Consort House in Doncaster at the end of March, during lockdown. The launch happened online and the company has already received 32 enquiries from would be homeowners and property investors interested in the development.

Speaking about the impact of Covid-19 on the property market, Paul said, “Many of us in the property sector believe that we will see a ‘v’ curve. We went into this very sharply, you could almost say overnight, and we expect to come out of it steeply.

“Many people who are stuck at home in lockdown will be re-evaluating their current living and keen for a change once the lockdown is lifted. We also feel that many will find our town centre locations really appealing.

“During this current period we are able to show people virtual tours and deal with many of their queries relating to a particular site.”

Empire currently has developments in towns and cities across Yorkshire including Hull, Doncaster, Leeds and Sheffield with sites also in the Midlands and Greater Manchester.

This was posted in Bdaily's Members' News section by Charlotte Gribbin .