South east UK lettings market seeing more demand.

Parts of the south east of England lettings market are seeing a surge in enquiries from buy to let investors and a demand from older tenants.

Improvements to the sales market resulted in a dip in supply of rental properties towards the end of last year, but Waterfords lettings department says that attractive yields and potential capital appreciation are encouraging landlords to expand their portfolio.

‘Improvements to the sales market did impact the supply of rental properties in the fourth quarter of 2014 as those who became accidental landlords during the downturn chose to sell up and take advantage of more favourable market conditions,’ said Brendan Cox, managing director at Waterfords estate agents..

 

Source: Property Wire

 

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