Thursday, 16 September 2010

It’s a landlord’s market as demand outstrips supply

With rents on the rise, landlords should take advantage of the demand for rental property.

There is a vast number of quality tenants on the books, all looking for the perfect home to rent. Due to the ongoing uncertainty in the property market, many people are choosing to rent rather than buy, and are opting for longer rental leases because they offer extra stability.

Because of this, demand is outstripping supply. This means that rents are very high and periods between lets can be kept as short as possible. As a result, landlords are in an extremely good position.

It is important to use a reputable agent which can advise on all the legal necessities entailed in letting property. We also offer full, comprehensive legal and rent protection insurance which ensures that landlords are protected even in unforeseen circumstances.

If there any prospective landlords out there, we would be delighted to advise them on how they can maximise their rental returns.

Tuesday, 14 September 2010

Properties will sell at the right price

House sellers can avoid the property slump by pricing their homes at a realistic level.

Data from the Royal Institute of Chartered Surveyors has showed that house prices in August in England and Wales fell to their lowest level since May 2009.

But homeowners should not be too alarmed at the figures - their homes will still sell if they are priced at a reasonable, realistic level.

Our experience suggests that over-pricing may mean buyers don’t bother to view and will look elsewhere instead. So with good advice, sellers can pitch at the right price and enjoy a smooth sale, even in the current climate.

It’s very much a buyers’ market. The next six months is a really good time to buy, with lots of properties coming on the books.

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