SurreyLets December Newsletter

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RENTALS SET TO RISE

Some good news for Landlords - Its looks like rents are set to rise next year as the number of properties put on the rental market droped to levels not seen since 1998.

Rental prices initially dropped due to the influx of property entering the rental market from "Accidental Landlords" who did not want to sell at the bottom of the market combined with many investors simultaneously holding on to their properties.

However with the late summer and autumn increase of sales with several reported price increases some investors and most reluctant landlords are now selling and therefore the over supply in the rental market that initially pushed rents down, is disappearing.

This, of course, is impacting on prices and tenants no longer have as strong a bargaining power as they did."Here at SurreyLets we keep our finger on the pulse and watch local treads carefully thus enabling us to give you realistic relevant advice when it comes to Letting out your property.

If you are thinking of letting or have a property to let, I would be delighted to help you. Please call SurreyLets on 01483 282 470

SurreyLets are now ARLA Members

1st September 2009
SurreyLets have now joined ARLA, The Association of Residential Letting Agents.

ARLA members follow a strict code of practice and are leading the campaign to ensure all Letting Agents become licensed. For the consumer this is excellent news, demonstrating the Agent has the right qualifications and knowledge, the right insurances, client money protection and have an independent redress scheme in place.