News Archive

09/07/2010 Continuing Strong Rentals Market

Leamans letting agents report continued growth in demand for rental properties in all sectors to the degree that demand from tenants is outstripping supply of properties available. One of the chief factors in the lack of homes to rent is due to the difficult economic conditions that create uncertainty in the minds of potential property investors who appear to be holding back from entering the rentals market. This has lead to increase in rentals achieved over the last few months and this in turn gives landlords an improved return on capital investment.

As residential property is a long term investment, it would seem that now is as good a time as any to move into the rental market to take advantage of the high demand and improving returns. The relatively buoyant local economy in Exeter will certainly help to ensure that this trend will continue for the forseeable future.

Leamans are very happy to discuss the rentals market with prospective property investors and provide comprehensive advice on the types of houses and apartments that should perform best for each individual needs. A brief consultation can lead to a very successful relationship between landlord, agent and tenant that ensures that let property will be a very sound investment.

 

For further advice, please call Leamans on 01392 410411.