Buy to let is back
According to a report by the Council of Mortgage Lenders an increase of 17% in the number of buy to let mortgages was reported and a 20% increase in the total value of the loans. Anthony Kempster of The Letting People comments “this is welcome news as in the Leamington Spa area we are still experiencing a shortage of good quality rental housing stock for prospective tenants”
If the trend is repeated here in Leamington Spa, we should expect the frantic searches of prospective tenants particularly before the start of the university term being eased.
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When letting out your property you need to do due diligence in finding the correct agent. You have to be confident in trusting the agency that will handle the transaction in a professional and timely manner and also be on top of the game. I have found Caroline to be excellent in finding, handling and managing all of my buy to let needs. Caroline has a great manner when dealing with people and it shows in the results. Mr A, Landlord, Naples, Florida