Acton, London -- (SBWIRE) -- 12/30/2010 -- Recent reports from the Halifax indicate further decline in house prices. November saw a 0.1% drop which is indicative of the recent trend property supply outweighing demand, Davis & Gibbs http://www.davisandgibbs.com can confirm this trend as we were achieving better prices on in the first half of the year on similar property's that we are putting under offer now. This trend is making some homeowners reluctant to sell at present which may help the short supply in the lettings sector which is seeing the opposite trends to sales. Because of the decline in prices Davis & Gibbs are predicting a slight increase in first time buyer levels at the start of 2011 which should start the year off with a bang.

In regards to lettings Increased demand and a fall in the supply of new properties have led to a rise in rents in the past three months, Davis and Gibbs are currently achieving rents around 10% higher than this time last year in some areas. This statistic is further illustrated by the Royal Institution of Chartered Surveyors (RICS). Across the UK, London saw the biggest increase in rental prices, and at the same time, new landlord instructions went down for the fifth consecutive quarter, meaning that fewer existing landlords intend to sell their properties. The outlook for rents remains stable and many people feel that rents will increase rather than fall, as the lettings market has become increasingly strong over the past nine months, in contrast to the housing market which continues to slow. More landlords are now also looking to add to their portfolios, especially as there has been a rise in the number of providers willing to offer investment mortgages in recent months. This will result in agents like Davis and Gibbs benefitting from increased supply of new properties coming onto the market.

For further information contact:-

Brian Gibbs – Managing Director

Davis and Gibbs,
94 High Street,
Acton, London,
W3 6QX

Tel: +44(0)208 752 3040
Mail: briang@davisandgibbs.com
Website: http://www.davisandgibbs.com

Brian Gibbs is Managing Director of DavisAndGibbs a pioneering company providing a service to rent and buy property in London, Balham, Oval, Acton, Clapham and Tooting.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Acton, London -- (SBWIRE) -- 09/143/2010 -- Davis and Gibbs http://www.davisandgibbs.com have continued to see a lot of success in residential lettings over the past weeks with both supply and demand exceeding expectations, we believe this is mainly down to the economic restraints still affecting the housing market. July saw a dip in the sales market and since then house prices have fallen on average by £4091 due to supply out stripping demand. The best advice we can give sellers at this point is to wait for the holiday season to pass and try to sell in the build up to Christmas break (September October November) those sellers still trying to secure a buyer form the start of the year may need to revise their market price due to the new competition.

The effects of the election may well be dampening the spirit of the sales market, however, when it comes to lettings, a storm is sweeping throughout London powered by young, single professionals anxious for places to rent. Apartments and in particular the larger properties, are being snatched off the market within a matter of hours. As a result, it is imperative that rental applicants act quickly...to avoid certain disappointment. Four and five bed houses are in short supply at present, although, the Davis and Gibbs Balham Acton & Oval have a good number of these properties listed.

Our property management department have seen an increase in their renewals, with many tenants staying on in accordance with the annual rent increases, they have recently posted their best rental arrears ratio under 4% well within the national average and we are recommending many of our clients to use our rent collection service to avoid back dated rent payments.

For further information contact:-

Brian Gibbs - Managing Director

Davis and Gibbs,
94 High Street,
Acton, London,
W3 6QX

Tel: 0208 752 3040

Mail: briang@davisandgibbs.com
Website: http://www.davisandgibbs.com

Brian Gibbs is Managing Director of DavisAndGibbs.com a pioneering company providing service to rent and buy property in London, Balham, Oval, Acton, Clapham and Tooting.

Press Release Distributed by BMS Marketing Services Ltd, http://www.bmsmarketingltd.co.uk (00 44) 1274 878770.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Acton, London -- (SBWIRE) -- 08/09/2010 -- Davis and Gibbs http://www.davisandgibbs.com sales department are pleased to announce record levels of sales compilations predicted for August following on from a great under offer in May & June. The sales team are seeing great success with vendors achieving similar prices to that of 2007, house prices have risen since the start of 2010, roughly 15 – 22% in the South of London, however on a national level we saw a slight dip in July with the average price falling from 8.7% - 6.6% (Nationwide Report) leaving the a lot of experts scratching their heads as London is one of the few markets bucking the trends of the recession. Some doom mongers are predicting a dip at the end of the year however demand in the London market appears to be constant with buyer registration levels increasing, the team at Davis & Gibbs thinks this will sustain the market into 2011.

Davis and Gibbs lettings are growing from strength to strength, and we are seeing record levels of tenants due to London being the main hotspot for EU workers and students a like, the team are constantly looking to source new Landlords to appease the demand especially for the 2 and 3 bed sector. Davis and Gibbs are currently urging private landlords to use our services as more scams are being revealed on Gumtree the latest being fraudsters posing as Landlords who are members of the NLA (National Landlords Association) with unsuspecting tenants handing over money to false landlords, scaring them off the private sector, resulting in more tenants using registered agency's.

"It is imperative that tenants use professional agencies, who are ARLA registered and who are able to advise and protect tenants throughout their property search/tenancy agreement. Landlords also are advised to seek professional help, with new legislation's being pushed forward and more stringent rules with tenancy deposit schemes coming to light. The DIY method, just simply will not work in this day and age"……. Daniel Killick (Lettings Manager)

The company has recently had a successful recruitment campaign with new additions in all three of our office's Acton, Oval and Balham and we are still recruiting, due to the overall success of both sales and lettings, Davis & Gibbs are predicting a bright future."

For further information contact:-

Brian Gibbs - Managing Director

Davis and Gibbs,
94 High Street,
Acton, London,
W3 6QX

Tel: 0208 752 3040

Mail: briang@davisandgibbs.com
Website: http://www.davisandgibbs.com

Press Release Distributed by BMS Marketing Services Ltd, www.bmsmarketingltd.co.uk (00 44) 1274 878770.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Acton, London -- (SBWIRE) -- 06/15/2010 -- Davis and Gibbs http://www.davisandgibbs.com are proud to announce the launch of their new website this comes after months of hard work and attention to detail.

The website will primarily deal with the lettings and sales of property in Acton, Balham, Oval, and the surrounding areas.

The main aim of the new website is to compliment the individual offices and the property portfolio each office represents. Clients are able to search via location, budget and number of bedrooms, with the website catering for all sectors from first time buyers, prospective tenants, to landlords and developers.

This new website again is indicative of Davis & Gibbs drive towards establishing themselves as the dominant estate agent in the areas they cover.

Brian Gibbs, Managing of Davis & Gibbs comments.

"We are delighted with this website, and the functionality that it affords our clients, Our chief focus will be to ensure that our website is found whenever potential clients search for our main areas of business under the locations we represent, and with this at the forefront of our strategy our goal is to make us the Dominant Estate Agent in the location we operate in.

About Davis & Gibbs
Davis & Gibbs are Residential Estate Agents specializing in lettings and sales across West and South West London With offices located in Acton, Balham and Oval and with over 20 years experience we have gained a reputation as one of the most innovative and dynamic Agents in London. We provide a professional and efficient service and have maintained our independent status with modern marketing coupled with old values.

For further information contact:-

Brian Gibbs - Managing Director
Davis and Gibbs,
94 High Street,
Acton, London,
W3 6QX
Tel: 0208 752 3040

Mail: briang@davisandgibbs.com
Website: http://www.davisandgibbs.com

Press Release Distributed by BMS Marketing Services Ltd, http://www.bmsmarketingltd.co.uk (00 44) 1274 878770.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm