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Tuesday, November 23, 2010

Tenants expect rents to rise

The latest survey from Rightmove indicate that 4 out of 10 renters expect rents to rise over the coming news.

Excellent!  Even better 11% according to the same survey are expecting increases of 10% or more.

For those landlords who are considering a rental increase then here is how you go about it.

A word of warning...don't be too greedy.  A 5% hike in the rents can be very quickly eroded by even a short void period.

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