Calling All Landlords!

23 May 2014

According to a recent estate agency survey, conducted by the Relocation Agent Network, of which we are member, not only is now a good time to be a landlord, but it is a strong buy to let market and re-sale values have also increased in the last three years.

Relocation Agent Network, the national network of independent estate agents asked its members whether the re-sale value of a typical two bed investment property has increased or decreased in the last three years. A third indicated the value has increased by up to 10% and another fifth reported a 15% rise.

The national survey also looked at what prospective tenants consider to be the most important factors when looking for rental accommodation. The majority of survey respondents (46%) cited location as the top priority, followed closely by the cost of a property (37%).

Paul Reynolds from Renown Estate Agents, the member of Relocation Agent Network in Cramlington, Northumberland said;

 “This survey brings good news for current landlords and those considering becoming a buy to let investor. Not only is it a strong rental market, you’re also getting capital growth as well as rental yields.

“If you have a property to let, contact us today. We’re Relocation Agent Network’s appointed Local Expert for Cramlington and have been for over 15 years which means we have access to out of town tenants moving into the area.”

 
About Relocation Agent Network:

Relocation Agent Network is a national network of specially selected estate agents. All members are handpicked after thorough checks identify them as the best estate agent to represent Relocation Agent Network in their area. The Network provides coverage throughout England, Scotland and Wales. Relocation Agent Network is a division of Cartus, the premier provider of global relocation services, with nearly 165,000 customers moved worldwide every year. In the UK, Cartus uses Network members to buy and sell homes for these relocating families. As well as relocating families moving with Cartus, Relocation Agent Network helps house movers in other parts of the country by referring buyers and sellers from one area to another.

Contact: For further information, please contact Paul Reynolds at Renown Estate Agents on 01670 730073 and/or email paul.reynolds@renownestates.com


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