Struggling to find lodgers during lockdown?

Struggling to find lodgers during lockdown?

8:36 AM, 22nd June 2020, About 4 years ago 3

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I rent out rooms to lodgers in my 3 bed flat in greater London. In the beginning of March, sadly my lodger who had been living with me for 5 years, moved out as she feared catching coronavirus in a shared place. She has asthma and other health issues so didn’t want to risk it.

I advertised the room again in beginning of June and it’s been 3 weeks, but I’ve had no interest yet. In the past I used to get 10-20 interests a week as the rooms are quite good and priced really cheap.

I wonder if the rental market is that bad at the moment.

Anyone else having similar issues?

Rita


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Comments

Ross Tulloch

8:53 AM, 22nd June 2020, About 4 years ago

Almost zero demand in London, we let out rooms as well...

CMC

17:21 PM, 22nd June 2020, About 4 years ago

With companies restricting the number of people in offices, I've seen a spike in numbers returning to the likes of family homes to continue the 'no end in sight' work from home period. I think the trend will continue until offices begin opening back up to all staff.

The Secret Landlord

9:08 AM, 24th June 2020, About 4 years ago

I've got a flat in London that started sluggish but then suddenly picked up in last 72 hours and then both people who viewed wanted it. I'm being very picky about who I show and part reference people before I allow a viewing.

Perhaps it's worth doing cheaper price for now just to get someone in and then review after 6 months?

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