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Thursday, January 27, 2011

Time to invest?

Time to invest in your next rental property?

Due to a recent dip in rental property stocks coupled with an increased demand for tenancies, rental incomes have started to increase, offering higher rental yields for landlords. Letting Agents are always looking for new properties for rent, so now has never been a better time to start out as a landlord or increase your current rental holdings.

If you are thinking about expanding your current portfolio, now could be a great time to do it. Landlords are currently experiencing low levels of vacant properties, so by investing in a new property for rent, you could have your property possessed by a new tenant in a shorter time frame, and with a decent return on investment. There are many properties on the market that would offer a high rental income, if you do some research. Your local letting agent will be able to offer you advice on suitable properties that have rental potential, enabling you to move quickly and find a tenant that suits your requirements.

By taking advantage of the rental market’s trends, increasing and decreasing rents as applicable, you can stay abreast of the market and make sure that you capitalise on your investments. Knowing when to invest is a fine art, but by keeping yourself informed and up to date with rental movements, you can make the most out of every situation. Speak to your local Letting Agent today to see how you can build on and improve your current rental portfolio.

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