We All Know The Housing Market Is In Turmoil But What Are Things Like In The Rental Property Market

Are house prices going to continue plunging, or will the increasingly sluggish property market soon bottom out? Anyone who knows the answer to that question could make a fortune – but nobody does know, despite predictions by so-called experts.
By: Drummonds Property Letting & Management Services
 
Aug. 28, 2008 - PRLog -- What is clear, however, is that renting in Berkshire is a popular option for many local people at the moment. If you’re a tenant, it’s a sensible way to mark time – and perhaps ‘try out’ an area where you plan to buy – until there is greater clarity in the housing market. If you’re a landlord, property letting in Reading is always a good option, because there are so many commercial organisations in Berkshire that there is a constant demand for corporate lets for employees new to the area, as well as for local people. In fact, for property letting Berkshire is one of the UK’s liveliest areas, with a big market for renting in Caversham, as well as in Reading itself.

With forty years’ experience of property market rises and falls, the local property lettings agent, Drummonds, are well qualified to advise both tenants and landlords about rental properties in Reading. They know that paying extra attention to decoration and presentation can help landlords to attract good quality tenants, who are more trustworthy than those with lower standards. They also realise that landlords come in many shapes and sizes. While some are professionals with an extensive property portfolio, others are ordinary people who have inherited or purchased a single property. Some are even renting somewhere temporarily themselves while they let their own property, rather than selling it when prices are depressed. Drummonds have also learnt that the best tenants are those who appreciate a well-decorated and equipped property, because they will look after it as if it were their own. That results in happier, more comfortable tenants and smaller maintenance bills for the landlord.

So, while few properties are selling at the moment, the rental market is really thriving in Berkshire, with the number one location for property letting Reading, and high demand for property rentals in what is generally accepted to be the top location ,  Caversham.

Drummonds property letting and management services is one of Berkshire's keenest lettings agents, based in Prospect Street, Caversham. Visit their website at http://www.drummonds-lettings.co.uk/ for more information, or phone them on 0118 9479933.

# # #

We are specialists, all we do is let property. We are committed to providing the best lettings service. We are not an estate agent with a lettings department and our business is not split into different areas - our aim is to let your property to vetted, trustworthy tenants, as quickly as possible and at the level of income that you are looking for.
End
Source:Drummonds Property Letting & Management Services
Email:Contact Author
Zip:RG4 8JG
Industry:Business, Real Estate, Marketing
Location:Reading - Berkshire - England
love-my-car.co.uk News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share