It's a good time to be a landlord!
There has been much speculation in the press recently about optimism in the housing market and dare we even mention increasing house prices, so where does that leave potential landlords?
Recently landlords have been taking advantage of low interest rates, stable house prices, increasing demand for rental properties and increasing rent. But are these ideal conditions for the investor set to continue? I think so. Whilst first-time buyers have seen a boost from new Government schemes, the ability to raise any deposit at all has been severely reduced by the recession. As house prices accelerate, this long-term trend towards renting will continue.
In July we saw a 75% increase in lets compared to July 2013 and the demand continues to be strong for rental properties. The economic fundamentals will remain the same and landlords are critical in providing more homes for people who are not able to buy, leaving landlords in a very good place!
We are offering you the chance to use a highly motivated with a fresh and innovative approach to letting property. To Book your market appraisal and find out our offers during August and September, call the lettings department on 01423 202424