12th Jul, 2016
We are the fastest selling agent in the area with an average selling time of just 14 weeks, and we are renting properties out as fast as they come on the market; those bells never stop!
The private rented sector, or PRS, is now the second-largest form of tenure (legal land ownership) in the country, sitting just behind home ownership as a form of tenure in the UK, having overtaken the social rental market in the last few years. There are now more than 5.4 million properties being let to people in the private sector across the country, meaning as many as 20 percent of all properties are now PRS homes. More households are living in rented accommodation for longer periods. The expense of buying a house is undeniably a factor, but another reason for the popularity of renting privately as opposed to buying is that rented accommodation is now regarded as a reasonable, long term housing option in its own right. More people, in particular young professionals, appreciate the flexibility that renting offers.
At Applegate, we offer a comprehensive range of support packages to suit individual landlord's needs and requirements. As one of the very few letting agents in the local area to be officially licensed members of ARLA (Association of Residential Letting Agents), we set our standards high. Our e-signing service means that you can sign your tenancy agreements remotely and we will contact you regarding your tenant and property by your preferred means; many landlords like to be kept up to date by email or text and we are pleased to do this. We charge a one-off letting fee for finding a tenant and creating a tenancy agreement, plus an optional monthly management fee of 10 percent (12 percent including VAT). Unlike many of our competitors, we don’t charge our landlords any form of mark up for repair works costing under £500, as we believe our management fee covers this.
Do you want to rent your property quickly? Then get in touch for an informal chat with Applegate to arrange a no obligation appraisal of your property. Our genuine and friendly team of experts will be happy to guide you through every step of the process. Call now on 01484 682999.
Article source: http://www.rman.co.uk/latest-news/article/private-rented-sector-grows-to-become-the-second-largest-form-of-tenure
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