ARE RENTS ON THE UP?
- Asking rents rose 3.0% annually outside London in 2016 with the highest growth recorded in the northern regions of Yorkshire and the Humber and the North West
- In 2017 Rightmove forecasts asking rent rises of 4% outside London, driven by less availability of rental stock resulting in upwards price pressure for tenants
- With margins under pressure due to imminent tax changes, buy-to-let investors could look to towns in Merseyside and Lancashire which dominate the best yields currently on offer.*Rightmove 2017
It’s been a busy month so far in the Lettings department here at Clear Property, 7 days in and 3 let agreed meaning three new happy landlords.
We currently have over 100 applicants looking for rental properties in and around Exeter. Your new tenant could be waiting!
The Lettings team have found an increase in investment buyers requesting our expert advice on potential investments purchases in Exeter recently. Are you considering purchasing a property? Would you like some advice on getting the best out of your investment property? If so Call Jodie or Lottie on 01392 425555