January is always a busy time for the lettings market and this year, according to lettings specialists Grants, is no exception.
Demand for rented property in High Wycombe is extremely high, with many people looking for accommodation at the start of 2013.
Grants’ senior branch manager, Jim Browning, said: “The New Year has started very briskly, and whilst we have a good choice of property available, there is not enough available to satisfy the high demand. In these market conditions, any well-presented flat or house in the right location will let very quickly, but particularly modern one and two bedroom flats and houses.”
Grants report that rents are on the increase for one, two and three bedroom properties in High Wycombe. “If you are a landlord with an available property, don’t miss out on this peak in demand,” advises Jim. “Now is definitely the best time to get your property let at the best possible rent.
“For those thinking about buying a property to let, now is an ideal time. Buy to let is a very attractive investment for the medium to long-term, especially compared with low interest rates and the volatile stock market. The key to success is buying the right property in the right location with the right yield and this means doing your homework before investing.
“Consulting an experienced lettings specialist is a vital first step. We are happy to give prospective investors free and impartial advice on rental figures and potential yields for any property in High Wycombe to help them make the right decision for a successful investment. Right now one or two bedroom modern flats in the newer developments are a good choice as demand for these is high and we expect rents for these types of property to continue rising. ”
Grants advise that with properties letting so quickly, tenants need to act fast if they see a property they like to avoid disappointment. “Sign up for email or text alerts for newly available properties and try to arrange a viewing as soon as you can for any suitable properties you see,” says Jim. “Unfortunately waiting just a few days often means you will miss out in this market.”
“We are looking forward to another busy year here in High Wycombe and wish all our landlords and tenants – past, present and future - a very Happy New Year!”
Grants are members of ARLA and SAFEAgent, and have 19 years experience specialising purely in residential lettings. For advice you can trust on all aspects of renting or letting in High Wycombe please call Grants Lettings on 01494 472828, email email@example.com
Follow Grants on Twitter: @GrantsLettings