The lettings demand has continued throughout the summer months into September & October resulting in a shortage of rental properties across the market, this has resulted in rents increasing swinging the market in the Landlords favor. The strength of the lettings market throughout 2010 has attracted lenders old and new; Paragon have announced their return to the ‘Buy to Let’ market with 5.3% fixed and trackers starting at 4.3% so the overall opinion is that lettings are here to stay and will continue to grow and develop throughout 2011.
Due to the changing markets in both Sales and Lettings; Davis & Gibbs advise all potential Landlords/Vendors to call us for an up to date market report and free valuation as the DIY option simply will not work in this ultra competitive market.’’
For further information contact:-
Brian Gibbs – Managing Director
Davis and Gibbs,
94 High Street,
Tel: +44(0)208 752 3040
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Davis & Gibbs are Residential Estate Agents specializing in lettings and sales across West and South West London With offices located in Acton, Balham and Oval and with over 20 years experience we have gained a reputation as one of the most innovative and dynamic Agents in London.