
Rents on a roll - UK tenants are ready to pay more and gazumping is back!
Rents on a roll - UK tenants are ready to pay more and gazumping is back!
9th November 2007
By Tony Booth
A diverse number of elements have now conspired together to create a dramatic rise in achievable rent levels throughout the country.
This is boom time for most landlords and buy-to-let investors. Are you taking advantage of it ... or are you missing out on the potential financial rewards by leaving matters in the hands of an all too lazy letting agent?
The lettings market and achievable rents are influenced by the factors of supply and demand above all other elements.
During the last year we have witnessed rising interest rates and pressure on mortgage lenders resulting from a disastrous over-investment in the sub-prime sector, which together have created an unstable sales market.
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