Comments on: Rental demand lifts 76% as depressed housing market continues http://www.landlordzone.co.uk/blog/news/rental-demand-lifts-76-as-depressed-housing-market-continues The LandlordZONE Weblog - news, economic and legal developments, current affairs and a knowledgebase for those involved with Rental Property, residential and commercial: Investors, Landlords, Property Managers, Letting and Estate Agents, Tenants and Professionals. Mon, 15 Mar 2010 12:01:32 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: MR N Kara http://www.landlordzone.co.uk/blog/news/rental-demand-lifts-76-as-depressed-housing-market-continues/comment-page-1#comment-6560 MR N Kara Fri, 29 Aug 2008 10:29:27 +0000 http://www.landlordzone.co.uk/blog/?p=598#comment-6560 I have to agree there is not the demand for rented property as there was in 2007. Sussex as a rule is a good location for rental due to the fact of Gatwick airport and its migrant, but hard working people and alos there is an oversupply of rental properties. We have also noticed that due to the credit crunch new properties are not selling and in a new twist they are instead renting rather than sell at a possible loss. I have to agree there is not the demand for rented property as there was in 2007.
Sussex as a rule is a good location for rental due to the fact of Gatwick airport and its migrant, but hard working people and alos there is an oversupply of rental properties.
We have also noticed that due to the credit crunch new properties are not selling and in a new twist they are instead renting rather than sell at a possible loss.

]]> By: nick dardalis http://www.landlordzone.co.uk/blog/news/rental-demand-lifts-76-as-depressed-housing-market-continues/comment-page-1#comment-6556 nick dardalis Mon, 25 Aug 2008 19:00:01 +0000 http://www.landlordzone.co.uk/blog/?p=598#comment-6556 in Gloucestershire where our Agency is based (Cheltenham) we are not seeing the increased demand. Whilst we are receiving more property instructions from people who cant sell they invariably are not the one or two/three bed properties but the larger four plus bedroom properties. furthermore talking to our tenants the general feeling is that most are choosing to stay in their properties as the increase in utility bills etc is making them cautious. the demand is there - but we have certainly not seen the massive over supply of tenants looking that the media seems to report! in Gloucestershire where our Agency is based (Cheltenham) we are not seeing the increased demand. Whilst we are receiving more property instructions from people who cant sell they invariably are not the one or two/three bed properties but the larger four plus bedroom properties. furthermore talking to our tenants the general feeling is that most are choosing to stay in their properties as the increase in utility bills etc is making them cautious.
the demand is there – but we have certainly not seen the massive over supply of tenants looking that the media seems to report!

]]> By: Sam http://www.landlordzone.co.uk/blog/news/rental-demand-lifts-76-as-depressed-housing-market-continues/comment-page-1#comment-6531 Sam Tue, 19 Aug 2008 15:39:59 +0000 http://www.landlordzone.co.uk/blog/?p=598#comment-6531 We are finding down in Littlehampton, West Sussex that the supply does seem to be outweighing the demand, despite the obvious increase in people now looking to rent. It seems to be due to the fact that a lot of people are deciding to rent their properties out rather than continue to market the property for sale when the market is as it is, so we are hoping it will level out a bit more so properties start renting a lot quicker again We are finding down in Littlehampton, West Sussex that the supply does seem to be outweighing the demand, despite the obvious increase in people now looking to rent. It seems to be due to the fact that a lot of people are deciding to rent their properties out rather than continue to market the property for sale when the market is as it is, so we are hoping it will level out a bit more so properties start renting a lot quicker again

]]> By: barry http://www.landlordzone.co.uk/blog/news/rental-demand-lifts-76-as-depressed-housing-market-continues/comment-page-1#comment-6511 barry Fri, 15 Aug 2008 19:11:59 +0000 http://www.landlordzone.co.uk/blog/?p=598#comment-6511 In central London we're seeing the same level of new tenancy starts as 2007, so I find this a little strange. The number of tenant vacates is down however, proving that renting is a preferred option right now as tenants stay put. One inteesting trend has been towards more higher value family homes being rented than a year ago. Our Fulham office agreed three last week all over £1000 per week. Barry http:/www.chard.co.uk In central London we’re seeing the same level of new tenancy starts as 2007, so I find this a little strange. The number of tenant vacates is down however, proving that renting is a preferred option right now as tenants stay put.

One inteesting trend has been towards more higher value family homes being rented than a year ago. Our Fulham office agreed three last week all over £1000 per week.
Barry
http:/www.chard.co.uk

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