Thursday, February 28, 2013

Guaranteed Rent Scheme London | London sellers shut up shop early for Christmas

Guaranteed Rent Scheme London | London sellers shut up shop early for Christmas
http://bit.ly/YYP0zb
Guaranteed Rent Scheme London | London sellers shut up shop early for Christmas Most of our landlords use our guaranteed rental income scheme. We have our own list of tenants waiting to move into properties. But just in case there is a void period, should happen, and for some reason your property should be without a tenant, we offer a rent guarantee scheme . Buyers in London looking for fresh choice of property may find their options more limited than usual at this time of year, with a 16% drop in the number of new sellers compared to the same period in 2010. This is the largest drop off seen in any of the regions of England. Average asking prices in the capital also dropped over the past month, down -1.2%, although prices are 6.6% up year-on-year. Guaranteed Rent Scheme London Miles Shipside, director of Rightmove comments: “London’s sellers seem to have finished early for Christmas this year, and decided to postpone their moving plans until 2012. Lack of choice to tempt them to trade up and high price gaps to the next rung up the ladder are more likely reasons, though the uncertainty in the Eurozone will be influencing some too”. Markets like certainty, and so do people who are deciding whether to trade up in the property market and make a big financial decision. Guaranteed Rent Scheme London Agents report that many would-be sellers are postponing their marketing until the new year, influenced by the current wall-to-wall media coverage of the economic crises in Greece and Italy. The current weekly run-rate of new listings is also down 11% compared to the previous month, highlighting the lack of suitable property to buy and consequent near record prices being asked. Guaranteed Rent Scheme London Following the setting of a new all-time high in asking prices in October, this month sees a fall from that peak of 1.2% (£5,486). With the approach of the slower winter selling season, it is usual for there to be a drop in new sellers’ asking prices at this time of year. Last November saw a fall of just 0.4%. However, this November’s 1.2% fall is more muted than the rest of the regions in England, where the average reverse this month is 3.9%. Shipside comments: “Yet again the buoyancy of the London market leads the rest of the country. Whilst international buyers have helped pull prices up in the more select areas, the net effect has been that new sellers can ask prices on average 6.6% higher than a year ago. Given the unsettled nature of the Eurozone, and the off-putting uncertainty that it causes, bricks and mortar in the capital are proving to be one of the few inflation-busting investments around. While the uncertainty in the economy will be putting off some Londoners from trading up, estate agents are filling their places by chasing buyers from Greece and Italy who see the capital as a safe haven”. View the original article here rent guarantee scheme - Do you want to receive monthly rent even when the property is unoccupied?. Please contact us on 020 8694 8098 for extensive references to see how we can help you today.

No comments:

Post a Comment