In the words of Lance Corporal Jones "Don't Panic"
Many landlords will have seen the headlines today and may feared the worst. The words 'levelling up' and 'renters reform' coupled with some scary media headlines have provided landlords with cause for concern. While much of the media coverage today has been aimed at tenants rights and unfair evictions there is a lot in the 'White Paper' which could make life easier for landlords.
Being born the 80s (into what would now be viewed as a total different world) my Mum and Dad had a multitude of things that would be screeched at us as kids in what I can only assume were an effort at money saving when inflation was running ridiculously high at an eye watering 17.9% in 1980!
You’ve all heard them but maybe there is something that can be learnt from the old sayings below.
In this surging market one question has become common for lettings agents across the UK. Should I as a landlord increase the rent? Having seen a staggering 18% increase in rents in Stafford since the start of the year, the answer may well be yes, but there are also some points you may to consider before you reach for the phone to call your tenant. Read Ellie's 6 Golden Rules to successfully increase your rent.
The rush to rent is on…
With demand outstripping supply month on month, competition is now fierce if you want to secure your dream home.
According to rightmove
“The imbalance between high tenant demand and low rental stock is supporting asking rent rises and has led to competition between tenants for the rental properties available nearly doubling (+94%) compared to the same period last year.
Total rental demand is up by 32% compared to this time last year, while the number of available rental properties is 51% lower. This has led to available rental properties being snapped up by tenants in just over two weeks (17 days) on average.”
At Dourish and Day our local letting experts are seeing houses being snapped up as quickly as 24 hours after going live to market. Therefore, we’ve put together a handy guide to help you get the home you love as quickly as possible.
Dourish and Day lettings have won the British Property Awards for Stafford for a second consecutive year with Lettings Negotiator Janine catapulting the team through the mystery shopping judging with exceptional customer service. Following the success of this award the team will move through to the National Awards with the shortlists being announced later in the year. This award is based on 'mystery shopping' with staff judged on responsiveness, helpfulness and going the extra mile for customers. Janine in the lettings team showed outstanding customer service in the judging time and time again, demonstrating why Dourish and Day consistently win awards for Customer Service from a wide range of national recognised awarding bodies.
14 Salter Street
Tel: 01785 223344
4 Crown Bridge
Tel: 01785 715555
28/29 High Street
Tel: 01630 658888
Areas We Cover: Stafford, Penkridge, Stoke-on-Trent, Gnosall, Barlaston Stone, Market Drayton