Rent demand up & rent prices up

Posted: 7/4/2021

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Rental demand and rent prices are up according to the Association of Residential Letting Agents (ARLA). Data from their members has shown that demand from new prospective tenants rose in January and February this year. It also revelaed that 49% of rents had been increased in January compared to 39% last year. Interestingly, the number of landlords selling up has remained around the same for the fifth year in a row. Whilst we have had experience of a small increase in landlords selling, there is plenty of interest in the Buy-To-Let market from new investors who see it as delivering higher returns than bank accounts but less risky than the stock market. Many people have seen their bank balances increasing over the last 12 months as they have been unable to spend on holidays, leisure, shopping and eating out. For some that extra money will form a deposit for a BTL investment. 

Key One Property offer a Buy-to-Let vaibility report on any property you are considering buying. We refund the full cost of that if you then ask us to let and manage the property.

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