Gone to the Highest Bidder!
It’s a good time to be a landlord! If your tenants are looking to move, find out what your next move should be..
It’s a good time to be a landlord. Gone are the days sealed bids are for Sale Properties only - we are seeing final bids daily with properties flying over asking price. Tenants are panicking, properties are being secured before even coming to market and applicants are signing 1 – 2-year contracts with no breaks.
The issue Landlords will have is this won’t last forever. As we are all aware, the Central London Market moves swiftly and with Covid restrictions lifting, our transient capital lovers will no doubt be planning their next adventure and moving on. With the government gradually bringing in more restrictive ways for Landlords to profit and with the financial market against us, getting the most value from your property whilst you can is fundamental.
Our lettings negotiators have been consistently surprised in 2022 by the speed at which properties are renting and our advice to any applicant is to get a viewing same day with the view to put an offer down immediately.
If you would like your property valued for Sales or Rent, please give us a call today and we can book this in. If your tenant is planning on leaving, get in touch and we can provide some insight on the current market and re-look at your rental price.
Warm Regards
Greater London Properties,