Making improvements to properties now could help landlords attract tenants in leaner times. Landlords should use income from rising rents to reinvest in their buy-to-let properties, it has been claimed.
A surge in demand for let property has meant that many landlords are enjoying higher rental incomes than ever before.
Director Mr R King at Property services firm, Move With Us, told the Finanical Times: "Being a landlord in 2012 is a privileged position; demand is high and interest rates are at their lowest levels for many years". He then went on to say, "The easiest single thing that any landlord can do to ensure their properties are re-let quickly is to have them professionally cleaned,"
Mr King's advice follows a recent survey by buy-to-let mortgage lender Paragon, which found that 56 per cent of landlords expect tenant demand to grow in 2012, compared to six per cent who think it will decline.
**Source: Martin & Co Head Office
Posted by: Gary Winters**
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