A depressed homesales market coupled with businesses starting to recruit post recession is producing record levels of occupancy in the peak summer letting season. Every summer Letting Agents across the country experience a surge in activity as students finish their studies and start work, new Dr’s and Nurses start placements, and academics change jobs. The result can be a peak of move-ins and outs almost double that of a normal month.
Summer 2010 is proving to be busier than ever, even with rental prices creeping up, and the continued flat selling market doesn’t suggest that this is going to change. This will be welcome news to landlords in Nottingham after a difficult few years. In Nottingham, GO Lettings have seen unprecedented activity with year-on- year rentals up more than 20% from Summer 09.
Phil Wardle of GO Lettings in Nottingham commented “The supply of good quality tenants doesn’t appear to be waning at all. As long as the property is in the right area and is clean and well presented, we’re finding that they are renting very quickly, current demand is heavily swayed towards furnished properties and we’re finding that furnished properties to let in Nottingham City Centre are being snapped up in a matter of days”.
Landlords that are not achieving the best possible return on their investment property in Nottingham should give GO Lettings a call. In our most recent landlords satisfaction survey 98% of clients said they would recommend us to family & friends. GO Lettings operate a No Let-No Fee policy and provide free no obligation property appraisals.