News and Press

Record Demand for Rental Properties

6 Aug 2010

Demand for rental property has reached record levels.  A recent Government report  showed that in the last decade the number of homes in the private rented sector has increased from 1 million to 3.2 million.  It is likely there will be a shortage of available property for rent as there has been a huge increase in demand from tenants who are finding it difficult to secure a mortgage.With ongoing uncertainty in the sales market  and constant speculation about prices rising and falling letting offers a flexible solution.  The longer term prospects indicate housing shortages as there are not enough properties being built to keep up with growing demand.

If you are thinking about renting out your property please contact us, now is an excellent time to get your property let.  We will be happy to provide you with free advice.