Matthew Neville

£124m Leeds estate agent continues “busiest” year with office refurbishment and new fleet of cars

Leeds estate agent HOP’s Pudsey office is reporting its busiest ever start to the year as it embarks on an office refurbishment and the company takes delivery of a new fleet of branded cars.

HOP’s Pudsey branch specialises in rental properties for professional tenants and manages a residential portfolio worth £124m, throughout West Leeds’ popular towns and villages, and into both Leeds and Bradford.

Approximately 20 per cent of HOP’s tenants are currently renting whilst they search for a home to buy, up to 40 per cent are currently saving for a deposit, whilst 40 per cent are serial renters who appreciate the flexibility that renting a home affords them.

According to the agent, the Leeds rental market is currently moving “incredibly quickly”, with many properties renting within a matter of days and, in some cases, hours of being listed. As a result of the surge in business, HOP’s Bradford Road premises is now benefitting from a “major refurbishment” programme to accommodate more visitors.

The refurbishment will see the office being redecorated, new flooring fitted, and modern new furniture installed, along with the addition of a large screen in the window to showcase the company’s properties and services.

This follows HOP’s office network, in Leeds city centre, Horsforth and Pudsey, recently taking delivery of a brand-new fleet of cars. The BMW 1 Series cars have all been fully branded with a design in HOP’s recognisable purple, pink and white brand colours.

Tom Wild, who heads up HOP’s Pudsey office, said: “We manage a vast portfolio of properties across a wide catchment area spanning Leeds and Bradford and beyond, and this is the busiest start to a year that we’ve ever known.

“The shortage of stock of homes for sale is definitely having an impact on the rentals market. A fifth of tenants renting with us are doing so because they have sold their property and are waiting for the right home to come up for sale. This, in turn, is having a knock-on effect on the kinds of properties that are in demand.

“Our continued investment in technology means we offer detailed interactive Matterport virtual tours as part of our marketing package. These tours, alongside accurate descriptions and professional photography, have resulted in an increasing number of tenants signing up for properties without even visiting them in person.”

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