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Encouraging News For Letting Agents And Landlords

Tuesday 8th December, 2009

Letting agents and landlords have been given encouraging news by Rics, which has announced it believes rents will rise in the new year. 

Surveyors expect to see rent rises in the New Year as the number of rental properties coming onto the market fell for the first time since January 2008, says the latest RICS Lettings Survey. 

Demand for rental property is still rising as 16 percent more surveyors saw activity over the past three months pick up; in particular demand for houses was particularly strong with 22 percent more surveyors reporting rising rather than falling numbers of people looking to rent. Tenant demand was strongest in London, but increased in most other parts of the country bar the east.

 



It estimated that student rents will rise by five per cent in the next academic year.

Tenant Direct is an independent firm specialising in Property Management and Residential Lettings in Southampton. As specialists in our field, we are fully committed to providing a first class service tailored to the individual needs of Tenants and Landlords alike.