Now is the perfect time to become a landlord…..

8 09 2011

 Now is the perfect time to become a landlord says leading agency Belvoir Lettings.

Since the introduction of TV programmes such as “Homes Under the Hammer‟ and “Property Ladder‟ the number of individuals who have ventured into the buy-to-let industry has boomed. And for those who haven‟t yet been tempted, now could be the perfect time to take the plunge, says local lettings agency Belvoir, which has an office on 248 High Street in Tunstall.

 

Current research indicates that demand will out-strip supply for much of 2011/2012,” says Alejandra Garcia, owner of Belvoir Stoke-on-Trent. “And with a study by Paragon Mortgages reporting that for the majority of landlords yields are up and void periods are down, now really does seem like a fantastic time to become a landlord!”

 

Add to this the number of young adults in “Generation Rent‟ who believe that they are unlikely to ever buy their own home and becoming a landlord appears to be an increasingly attractive option.

 

I would encourage anyone who is in a position to do so to consider purchasing a property to rent,” says Alejandra Garcia. “Despite the horror stories, if you buy the right property and use a good lettings agency to help as to the demand for and rental value of properties in your considered area, buy-to-let can be a relatively hassle-free investment strategy.

 

If you‟d like some more information on how to take the initial step to becoming a first-time landlord please contact Belvoir Lettings on 01782 321 400 or stoke-on-trent@belvoirlettings.com for some free, and impartial advice.

 

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