28 Sep

"Good bargains" to be had in rental sector

"Good bargains" to be had in rental sector

There are a number of excellent bargains currently available in the rental sector, if the remarks of one property expert are to be believed.

Nicholas Leeming, director of propertyfinder.com, which was established in 1995, said that rental prices have been recovering in recent months.

His comments follow the publication of statistics from FindaProperty.com, which revealed that the number of properties available to rent fell by 6.2 per cent in September.

"It is encouraging that properties are being snapped up so quickly, but not surprising given the imbalance between supply and demand," stated Mr Leeming.

He went on to speak about the pent-up demand for homes, which he claimed have returned to levels of affordability not seen since 2000 in some parts of the country.

In related news, Primelocation.com recently reported that prime London property asking prices experienced their tenth successive monthly increase in August, rising by 1.42 per cent.



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