Why is the summer a good time to rent or let a property?
Summertime is a wonderful time of year and makes you feel good with a flow of endorphins.
Blue-sky days, longer evenings with glorious sunsets, and warmer weather are perfect for enjoying your home’s outdoor spaces, carrying out property improvements, and moving. All of this and more makes this time of year one of the busiest for the UK rental market.
Garden appeal
A good garden is a big plus for landlords and tenants; at this time of year, a garden often looks at its best. Landlords and tenants can get on with making the most of their outdoor spaces. Whichever side of the fence you stand on – whether you are letting or renting – good garden features, make for happier homes and tenants. This is good for tenant-landlord relations and often leaves a little scope for creativity. Tenants can personalise their homes, while landlords can add value.
A new term
With a new academic year on the horizon, students are busy finding the right place, giving windows of opportunity to tenants and landlords. If your property is vacant over the summer months, it could be worthwhile looking into short term lets, or the time could be spent preparing the space for a new academic year. Many teachers and professionals working in education choose to move at this time of year, so it is definitely worth reviewing all of your options as a landlord.
School holidays
The summer holidays can make moving easier if you enlist the help of younger members of the family. And with no school run, less traffic, and perhaps less of a frantic rush to get everything done, it’s easier to move into your new property, and hopefully all under a shining sun. Letting a property and arranging viewings is also more straightforward for the same reasons, and any final adjustments and refreshes that landlords carry out, will make the property in question look its best in the summer light.
Homes look radiant during the summer
With more time to carry out maintenance and longer evenings for moving, properties look more beautiful during the summer. Brighter, lighter days make rooms appear larger, adding to a feeling of space. Moving belongings in favourable conditions, compared to cold, rainy days can make summer moves a speedier, more enjoyable process. Tenants who book viewings in the summer are able to see the property in its most favourable light.
The market is bustling, so be quick
Tenant inquiries typically go through the roof at this time of the year. This is good for landlords. But with the shortage of available homes to rent in the UK, it can be frustrating for tenants when it comes to finding the right home. However, it’s not all bad news. With so many homes swapping occupants, a summer breeze of fresh properties appears. This will give tenants more choice. To make the most of this property-picking season, it’s best to be organised. Registering as early as possible with a good letting agent will allow them to email your potential next address. Regular catchups with your letting agent to get ahead with your home search can also help, as they may know about properties that are about to become available.
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This article was originally published by BriefYourMarket and is reproduced here with their permission.
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