Sell or let your house privately online
Houseladder.co.uk
 
GUIDES
News Categories
News Archives
 

Lettings and landlords looking good in 2009

Posted: 24 Dec 2008 12:10:03 GMT

Property News - Lettings and landlords looking good in 2009

Landlords and letting agents alike can afford to look confidently towards the coming year, one analyst has said recently.


Suggesting that the mix of economic circumstances in 2009 is likely to work in favour of those letting out property, Tim Hyatt, head of UK lettings at Knight Frank, explained that the flexibility of rental properties matches the insecurities surrounding the jobs market.

"Landlords can be cautiously optimistic but need to be very flexible as they enter the new year if they are to prosper in this difficult market," said Mr Hyatt.

However, while there are positives for landlords and lettings agents, there is also an over-supply of rental properties, leading to a reduction in the price of rent.

London rental prices, for instance, fell by 9.6 per cent this year.

As a result, many buy-to-let property owners will be hoping to sell up in advance of a loss-making year.

Those hoping to make the best return on a property may wish to put a home online, as more people are likely to see an ad online than in an estate agent's window.

© Houseladder Ltd


Selling or Letting?
Advertise Your Property FREE. Reach over 400,000 Buyers and Tenants every month!

FREE Property Guide
How To Sell, Buy, Let or Rent Property FASTER. Essential Reading for the credit crunch!

Financial Worries?
Tired Of The Rat Race? Want a Solution? Need a Second Income?
Watch This Video

FREE Property Advert
Selling or Letting? List Your Property FREE Now!

FREE eBook worth £47
How To Sell Or Let FASTER and Save £1000s!

Financial Worries?
Tired Of The Rat Race?
Want a Solution?
Watch This Video

LATEST NEWS

Property price predictions made
02 Jul 09

Warning issued over home improvement
02 Jul 09

Around 1m first-time buyers waiting for property
01 Jul 09

Nationwide house prices consistent with Rics' data
01 Jul 09

Ahipp says 95% of transactions involve Hips
30 Jun 09

Property prices up in June, says Nationwide
30 Jun 09

Average Welsh property valued at £119,990
29 Jun 09

London property prices 'to tick back up'
29 Jun 09

Local knowledge 'an advantage for buy-to-let investors'
26 Jun 09

Landlords see rents stabilise
26 Jun 09

Property buyers urged to research using websites
25 Jun 09

Increase in number of mortgages approved
25 Jun 09

Property improvement advice for homeowners
24 Jun 09

More property selling reported
24 Jun 09

Better property market forecast offered by CML
23 Jun 09

Buy-to-let 'to change' as sales sector picks up
23 Jun 09

Buying, selling and current property market assessed
22 Jun 09

Buy-to-let 'bounces back'
22 Jun 09

Property event attracts the crowds
19 Jun 09