7 Apr

Houses to rent in Dorset to see demand boost?

Houses to rent in Dorset to see demand boost?

Property to rent in Dorset could continue to see steady demand, according to statistics from Paragon Mortgages.

Houses for rent in Bournemouth, a university town in the county, may see the local student population providing a steady stream of tenants.

According to Paragon, the average void period of a property in the private rented sector has fallen for three consecutive quarters.

The average void period – when a property is without tenants – was found to be 2.8 weeks in the first quarter of 2011, compared to 3.5 weeks in the second quarter of 2010.

In addition, the buy-to-let specialist's research has found that 45 per cent of landlords experience a void period of less than two weeks a year, allowing them to carry out essential maintenance.

Void periods affecting houses to rent in Bournemouth could fluctuate according to the town's academic calendar, as most students return home for the summer months before starting a new university year in September.

Nigel Terrington, chief executive of the Paragon Group, says rented homes offer flexibility and convenience, with demand rising significantly over the past 12 months.ADNFCR-1222-ID-800492047-ADNFCR

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