The team at Quealy & Co have discovered that buy-to-let investors remain an important sector of the sales market. Close to 30% of agents state that when a rental property is put up for sale the most likely purchaser is an investor.
According to Zoopla, 11% of homes currently for sale were formerly rented out. This proportion has fallen over the past three years since its peak of 14% in 2020, at the height of the Covid-19 pandemic.
The summer months are the busiest time of the year for the rental market, and demand for homes to let continues to outpace available supply with rental homes letting quickly with minimal void periods.
There are now more than 5 million households in the private rented sector, an increase of close to 20% on a decade ago!
You can try our instant online valuation tool to see if your rental property has increased in value to sell or to let. We’d also be delighted to offer an up-to-date sales and lettings valuation of your property to ensure that you are achieving a fair price for your property in today’s market.
Free advice for landlords
If you need marketing advice as a landlord, get in touch with the Lettings and Property Management team at Quealy & Co. We can advise you on how to achieve the best possible price for your rental property, while helping you to maintain compliance and keep your tenants comfortable.
Source: #Dataloft Inform Poll of Subscribers, Dataloft Rental Market Analytics, Census 2021
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