Never been a better time to be a Landlord
17th October 2010
... Comments

There has never been a better
 time to be a landlord - an opinion that would seem to be backed up by a 
recent statement from the letting industry's leading body. Mike Betteridge of <a href="">Belvoir Lettings</a> based in Westbourne, Bournemouth, Dorset, has seen his 
business go from strength to strength in recent months, and this buoyant
 outlook looks set to continue as rental voids hit an eight-year low.

The Association of Residential Lettings Agents <a href="">(ARLA)</a> recently reported that 
the average void period - a key indicator of the buoyancy of the rental
 market - has fallen to its lowest level for eight years as demand for rental
 property remains high.

 In a survey of ARLA's members, the average void period has again fallen
 compared with the previous quarter from 3.6 weeks to 3.2 weeks and the
 average void period of the whole country is down quite sharply in its third
 consecutive fall.

"There continues a high demand for rental property in Poole &amp; Bournemouth as more and 
more people struggle to get onto the housing market or find themselves
 unable or unwilling to keep up with mortgage payments," said Mike.
 "As this trend looks set to continue we are looking forward to another
 record year in 2011. "This statement from ARLA comes as no surprise to us, as it seems the demand 
for rental property is continuing to rise across the country."

About the Author

Mike B

Member since: 4th September 2010

Belvoir Poole is now in it's 3rd year in Westbourne. A Lettings specialist dedicated to the constant pursuit of excellence for our Landlords &amp; Tenants. Read more about Belvoir Lettings Information...

Popular Categories