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CORONAVIRUS UPDATE

See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 277,985 | UK Deaths: 39,369 SEE MAP Italy Confirmed cases: 233,515 | Italy Deaths: 33,530 | Italy Recovered: 160,092 SEE MAP Spain Confirmed cases: 239,932 | Spain Deaths: 27,127 | Spain Recovered: 150,376 SEE MAP See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 277,985 | UK Deaths: 39,369 SEE MAP Italy Confirmed cases: 233,515 | Italy Deaths: 33,530 | Italy Recovered: 160,092 SEE MAP Spain Confirmed cases: 239,932 | Spain Deaths: 27,127 | Spain Recovered: 150,376 SEE MAP

Interview of Paul Russell
Written by the Landlord Today team
Paul Russell, Branch Manager at Rolitex Estates

Who are you?

Rolitex was Established in 1995, we are based in Greenford and a leading residential property company in the UK, working across local, national and international markets.

We pride ourselves on offering the highest level of personal service to our clients and customers at all times.

How long have you been trading?

We have been trading now for 25 years

Why are you going into the auction market Powered by LetsBid Property?

We are going to use the auction market via Lets Bid Property to make sure we can get committed buyers on stock that is not moving on the market.

We have seen that with no buyers fees via LetsBid we can get our vendors committed buyers and a quick sale with an exchange of contracts withing 28 days.

Due to the ever growing and evolving technology in real estate, we have found that its important we stay ahead of our competitors to help our vendors achieve great success.

The auction market is now seeing a lot more transactions and success in the last few years as vendors now want quicker sales with commitment.

Where do you see the property market moving in the next 5 years?

Now with many political issues settled and moving along in the right direction I see the market moving back to a more stable and consistent buyers and sellers’ market.

London will always be in demand but we should see a large growth on the number of transactions going forward now.

What advice would you give to Landlords or property investors in today’s market?

As Brexit is now over the market is starting to rise steadily, I think landlords and investors should be getting back to the market, either to existing stock which has been rented out for years bringing them a good return or landlords wishing to sell at a higher price thus making a profit and revesting in different properties.

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