The surprising dynamics of the private rented sector

The surprising dynamics of the private rented sector The private rented sector is one of the fastest moving parts of the property industry, and that's particularly true of our area, as illustrated in the chart above. Keeping up with the latest trends and data on things like market rents, yields and the supply/demand balance is crucial for any serious investor who wants to win the property game. Setting the optimum rent is usually foremost in the minds of every landlord. Set it too low and you run the risk of stretching your margins. Set it too high and you risk serious damaging the whole strategy with a lengthy void period. Knowing what rents the market will absorb is key and that's one of the most important things a letting agent will help you with. An agent will also understand the profile of the average renter and what their expectations are. By working with an agent, they will help you configure the way you market the property to ensure you get the best possible tenant and a length of tenancy which serves your strategic goals. Read more... @https://www.alexanderandco.co.uk/market-updates/harrow/308-the-surprising-dynamics-of-the-private-rented-sector