Thursday, June 15, 2017

How will the General Election result affect the Private Rented Sector in Melton Mowbray?

The General Election provided a result that no one had expected - least of all Theresa May!

There will inevitably be a period of uncertainty for the Nation added to by Brexit negotiations, inflation and reduction in the value of the pound.   The stock market is at an all time high so has only one way to go.

Against this background those with money to invest should look again at the Buy to Let market.   We have reasonable house prices compared with other parts of the UK, making investing in property an achievable aim.
In addition we are currently seeing an increasing demand for houses to rent from a high proportion of the local population choosing and needing to rent.   

Demand for housing will continue to outstrip supply in Melton Mowbray.
We need a balanced housing market for the town; remember that without investors coming into the market the supply of rental properties will be low and rents will continue to increase.

If you are considering investing in a property then think wisely about your opportunities - do your research and remember that as an investment it needs to perform well.          

Come and talk to us about the pros and cons of being a Landlord and take advantage of our considerable experience in the local marketplace.  There is no obligation and we will help you understand all the costings to make sure that it is the right choice for you.

Charlotte Baker 01664 569700 

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