Buy-To-Let Market Is On The Up

The buy-to-let market is enjoying a resurgence, with letting agents at Nock Deighton reporting a major rise in activity in recent weeks.

The teams in Telford and Bridgnorth in particular say that the first three months of this year have seen a 60% rise in investors looking for suitable properties compared to last year.

Dawn Clarke, lettings director, said Shropshire was a popular place for people looking for buy-to-let properties.

She said: “We have seen a noticeable rise in people buying rental properties and there is certainly a clear demand in Shropshire.

“Telford and Bridgnorth are particularly popular due to the employment opportunities in the area, as well as being in easy reach of Wolverhampton and Birmingham. Demand is outweighing supply, and there is always a constant flow of enquiries coming through.

“We have tenants waiting for the right property, so our advice for anyone looking to buy or sell a property which might be suitable to rent is to go for it - the market is buoyant.”

With 30 years’ experience in the Shropshire lettings market, Dawn can provide expert and valuable advice on the most suitable properties to invest in, expected rental income and how best to prepare your property for letting, with no obligation.

So if you are thinking about letting your home in Shropshire, please get in touch.