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Agency in merger battle claims above-average tenancy duration
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Original Source: Letting Agent Today.
Original Author: Graham Norwood.
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EweMove – the online agency which is at the centre of a merger battle between its parent company and a rival franchise group – claims its average tenancy length is over twice that of the national average.
EweMove clams its average tenancy length is 43 months compared with the national figure of just 20 months.
EweMove claims this is because it undertakes homes visits with a local representative arranging to see a prospective tenant at their current rented property to determine their suitability.
If a secured tenant leaves a property within 12 months, the agency also guarantees to find a new one free of charge.
EweMove is part of the property franchise group, currently engaged in acrimonious discussions with another franchise giant – Belvoir – regarding merger terms.
Letting Agent Today has asked EweMove for details regarding its cited 20month national average, and on how many tenancies its 43-month figure was based.
