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.