Local Property Market Outperforms National Trends

According to the latest stats from Rightmove, the UK property market has seen a 30% increase year-on-year. At DB Roberts, we’re proud to say we’re outperforming that, with a 39% rise in sales compared to this time last year. That means our sellers are selling faster and with stronger offers, thanks to our expert local teams and strong buyer demand across Telford, Shrewsbury, Stafford and Wolverhampton.

Demand from Buyers is High

Rightmove has also confirmed that buyer demand is rising and we’re certainly feeling the impact. Our diaries are full and we’re seeing more competative offers. If you’re thinking of selling, now is a great time to get a valuation and see how you could benefit from this demand. 

Stable Base Rate and Falling Inflation

The latest figures show UK inflation now sits at 3.4%, down slightly from April and continuing on its path towards the Bank of England’s 2% target. The base interest rate remains steady at 4.25%, giving buyers and homeowners some consistency with mortgage costs. Further reductions may be coming later in the year, which could bring even more momentum to the market.

Lettings Market: Strong Rents and High Tenant Demand

The rental sector continues to see strength across Shropshire and the West Midlands.

In Shropshire, average rents now stand at £783 PCMAcross the West Midlands, the average is up to £927 PCM

We’re seeing fewer void periods, fast lets and a rise in tenants actively seeking managed homes. Many now rank professional property management as a top priority and our fully managed rental options continue to attract quality long-term tenants.

Renters Reform: Legislation on the Horizon

The Renters’ Rights Bill is now in its final stages in the House of Lords. Key debates are taking place this month and, if there are no major amendments, it could become law by the end of July. However, any delays may push the final result into the autumn.

At DB Roberts, we’re keeping fully up to date with all the legislative changes and are here to support our landlords through them. Our goal is to protect your investment and take the stress out of lettings with clear advice, compliant practices and fully managed services you can rely on.

Thinking of Selling, Buying, Renting or Investing? Talk to Your Local Experts

Whether you're buying your first home, selling to upsize, investing in property or looking for a new place to rent, the market is full of opportunity right now.

Our teams in Telford, Shrewsbury, Stafford and Wolverhampton are always happy to discuss what’s happening locally and what it means for your plans.

 

Need help? Speak with a member of our team

Speak with one of our advisors today for a personal touch.

Contact Us
Jay Reade - DBRoberts

Jay Reade

Wolverhampton Branch Manager01902 427257
Andrea Scott - DBRoberts

Andrea Scott

Shrewsbury Branch Manager01743 357032
Lisa Edwards - DBRoberts

Lisa Edwards

Head of Property Management 01743 284973
Lisa Dumbrell  - DBRoberts

Lisa Dumbrell

Telford Branch Manager01952 291722
Daniel Yates - DBRoberts

Daniel Yates

Stafford Branch Manager01785 255800