The current economic climate is seeing more people deciding to rent and we are receiving enquiries from a wide range of tenants looking for anything from a studio flat to a 6 bedroom country home, says Caroline Sugden, Lettings Manager at FoxWood Maclean Ltd.
People are deciding to rent for many reasons but we are seeing an increase in people selling their home and to avoid losing their buyers choosing to rent whilst they find a new home to buy. Renting makes good sense as they will be ready to move quickly when their perfect home comes along.
Moving from London has never been so appealing for families looking to relocate to Edenbridge and the surrounding areas. Prices in London are now 89% higher than the average for the rest of the UK, so tenants get real value for money when moving away. In the Edenbridge area, we have access to excellent schools and it’s only 40 minutes by train to London Bridge. For that much rental savings, the railcard doesn’t seem so expensive!
With the rental market continuing to grow, void periods falling to their lowest in over a year and rental arrears being at their lowest since March 2010 it’s a great time to invest in buy to let.
At a time when demand far outstrips supply we are always looking for properties to rent. Whether you are a landlord looking to expand your portfolio, or you are considering investing in the buy to let market for the first time we can help. Our experienced staff in both sales and lettings can assist by offering free impartial advice on the best investments for rental return.