Demand creates opportunities for new landlords
As soaring house prices continue to push up the average buying age, more and more people are looking to rent for longer.
This squeeze on supply has resulted in the average rent price rising throughout the UK. In London, rents have risen to £1,757 – 11.8% higher than in February 2021. *
The imbalance between supply and demand means that the Association of Independent Inventory Clerks is now applying pressure on the Government to increase rental stock across the UK.
Now is the perfect time for new landlords to enter the market and make a good return while providing homes to those who need them.
Have you had a lettings valuation in the past? You may be surprised by how much your potential rental is worth now.
If you’ve got an unoccupied property on your hands, contact us to learn more about our bespoke services and book a lettings valuation.
This article was originally published by BriefYourMarket and is reproduced here with their permission.
Help us make a difference to those in need this Christmas
Donations for our local food banks are being gratefully received at your local Pygott & Crone branch
Is home staging worth it?
Home staging is a specialised skill which involves creating the perfect atmosphere in your home using furniture and accessories, plants and lighting, to garner buyer interest for your property and sell it faster, for the best price.
Winterproof your home with these tips
As autumn leaves us and dark evenings approach, now is the best time to start preparing your home for the cold months ahead.
One in three properties receive an offer one hour after viewing
The housing market once again exceeds expectations after a poor reception from the chancellor’s mini-budget and regular talk of a possible slowdown, as current research suggests that in 2022, almost a third (31%) of properties are now receiving offers within an hour, compared to a mere 7% in 2018.