Rent Prices have increased by 12% year on year. The average monthly rental price is currently £629pcm, BUT will this continue or are we about to see a crash?! Andrew takes a look at what he thinks is going to happen in the next 6 months!
Change is coming!
At Sure Sales & Lettings we have already seen some of the effects of the rent increases over the last 12 months with the average rent increased by 12% in the last 12 months alone.
Landlords are benefiting from the higher rent BUT is the rent bubble about to burst?
Our Sales and Lettings Director, Andrew looks at some of the wider economic influences on the Private Rental Sector in this video.
Information Regarding Rent Protection Insurance.
Our Rent Protection and Legal Expenses Service does exactly what it says on the tin - it protects the income (rent) of a property that has been let to a tenant.
Sometimes things can go wrong - even when you’ve taken measures to protect yourself. Rent arrears can be disastrous when you rely on this income to pay a buy-to-let mortgage.
We’ll often settle a dispute in rent arrears or damage to a property outside of the legal system and, by taking out our service, we handle the time-consuming task of making a settlement.
Some headline information about our policy:
- NIL EXCESS
- UP TO £100,000 LEGAL EXPENSES
- RENT PROTECTION AND RECOVERY
- PROPERTY DAMAGE LEGAL EXPENSES
- EVICTION OF TENANTS OR SQUATTERS
- STANDALONE LEGAL EXPENSES
- CONTRACT DISPUTE PROTECTION
- 90-DAY CLAIM WINDOW