Guaranteed rent for landlords with new letting service

Caroline Kempster, of The Letting People, writes:

Are you a buy-to-letter looking for a guaranteed rent, with no void periods, and no letting agency fees?

Savvy landlords and many sensible investors are now looking to become the next generation of buy-to-letters. With bank interest rates expected to remain at low levels of 1-2 per cent, and well-managed rental properties yielding 5-6 per cent of the whole purchase price (and sometimes more) it’s looking like a great year for would-be-landlords.

Added to this, as potential first-time buyers move into the area and find they are unable to secure a mortgage to buy a property, the demand for rented property is increasing dramatically. This increase in demand is occurring across most of the country and therefore, landlords have rarely found it so easy to raise rents.

Locally, this is probably the first sustained increase in rents for over ten years. This is all good news for potential and existing landlords.

The previous wave of buy-to-let landlords will also be seeing happier times ahead as historical fixed-rate (many over six per cent) mortgages come to the end of the term and they can finally reap the benefits from the sustained and unprecedented low Bank of England interest rate.

As an added reassurance, The Letting People are now offering a new letting service with guaranteed rent, no void periods (over an agreed fixed term) and no letting agency fees. Where required we will also offer a property makeover schedule.

To find out more about this service, please contact us to make an appointment for us to assess your property at: The Letting People, 1st Floor 5 Euston Place, Leamington Spa CV32 4LN Tel 01926 882555. Email: [email protected]