A lettings agency has issued a statement seeking to woo landlords and says the “forthcoming legislative changes such as the Rental Reform Bill” should encourage more investors.
Cheshire agency Gascoigne Halman has issued the statement, accompanied with examples of above-average yields achieved by landlords in the county. A lettings director is quoted as saying: “These yields really showcase the resilience of the local rental market and why Cheshire continues to appeal to property investors.
“Cheshire offers a diverse range of properties, from picturesque villages to vibrant towns with the demand for quality rental homes continuing to outstrip supply. This is an extremely landlord friendly region with a buoyant market, strong tenant demand and very attractive yields.
“Our experience is that tenants don’t mind paying above average yields for properties that are well positioned, presented, and managed. Indeed, many tenants feel it is worth paying that little bit extra to secure a well-managed property and the peace of mind that they have reputable landlord.
“Forthcoming legislative changes such as the Rental Reform Bill are set to provide greater security for both parties, meaning now is an opportune time for existing and prospective landlords looking for stable returns to talk to us.”
Accompanied by high levels of publicity from industry and mainstream media, the Renters Reform Bill failed to make the cut when the General Election was called and has been abandoned by the government.