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Owning and letting residential property as an investment has become far more attractive following the deregulation of the rented housing sector. As a result of these Housing Acts of 1988 and 1996, the protection tenants previously enjoyed has been reduced and landlords granted the freedom to set the maximum market rent.
Subsequently the rental sector has shown consistent growth, with demand for rental accommodation greatly increasing. Renting is more widely accepted as a viable alternative to buying, partly because of the increased flexibility required from today’s workforce, the perceived risks of owning a property as your single largest or only investment and the reduction in tax privileges previously enjoyed by owner occupiers. The property you choose, its condition, location and a number of other factors will directly affect the return on your investment. Our constant contact with relocation agencies, blue-chip companies both at home and overseas, and existing tenants keeps us up to date with market changes and puts us in a prime position to guide you on suitable properties for rental, and likely rental returns. We will be happy to discuss with you specific properties, and in conjunction with our sales division, offer a selection of properties suitable as letting investments. The lettings market is sophisticated and highly competitive. To find a tenant quickly at the best possible rental, furnishings and decorations should be of a high standard. If you wish, we are able to co-ordinate, supervise and manage the project using our extensive network of trade suppliers and contractors. Our detailed knowledge of tenants' requirements will ensure that the property is ideally suited to the lettings market. This service can be provided either when the property is available for the first letting or if the property needs refurbishment at a later stage. Please read the refurbishment section for more details.
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