Demand for Lettingweb’s Aberdeen Flats Continues to Outstrip Supply

(Edinburgh, February 2012) –  Demand for flats to rent in Aberdeen continues to exceed supply with 2012 on course to produce record results, Lettingweb revealed today.

Latest statistics provided by Lettingweb show that across the board, the average time to let out a flat to rent in Aberdeen has decreased in January this year, when compared to the same period last year.

The average time to let out a two bedroom flat to rent in Aberdeen in January 2012 was 19 days, down 57.11% from 44.3 days the previous year, in January 2011.

Steve Tigar, Operations Manager at Lettingweb said: “We expect demand to outstrip supply across the board, so these figures come as no real surprise to us. However it is pleasing to know that we are continuing to deliver quality service as we look to expand our operations. We have always had a good standing in Aberdeen and we will strive to deliver even better results for our member agents in Aberdeen and the whole of Scotland.”

Not only are Lettingweb’s January results an improvement on the previous year’s, they continue to show month on month improvements too. The average time to let out a two bedroom flat to rent in Aberdeen, 19 days, is also quicker than the previous month, December 2011, by 50.52%.

Lettingweb’s strong showing in Aberdeen is evident in all manner of properties to rent that they advertise. For a one bedroom flat to rent in Aberdeen, the average time to let out in January was 14.8 days, 39.09% quicker than the same period the previous year, and 42.41% quicker than the previous month.

Rounding off the impressive showing is January’s average time to let out 3 bedroom flats to rent in Aberdeen, which at 19.3 days was 60.93% quicker than last year.

About Lettingweb.com:

Lettingweb.com is one of the UK’s most comprehensive residential letting property portals. Based in Edinburgh, Lettingweb.com offers nationwide coverage of the UK rental market, with thousands of properties and flats to rent in Scotland, England, Wales and Northern Ireland. Lettingweb.com provides tenant enquiries, free landlord enquiries and resources to letting agents across the UK.

Contact:

Steve Tigar,

Operations Manager

Lettingweb Limited

Tel: 0131 557 7757

Edinburgh, UK

Email: enquiries@lettingweb.com

Web: http://www.lettingweb.com/