Latest Property News around Barry, Cardiff

Can’t sell it? . . . . . . .Let it!

After many months of a sellers’ market, anyone trying to sell a property now will be aware that the sales market has slowed considerably, with buyers reluctant to pay full asking prices and many waiting to see what will happen to house prices and interest rates. Unless sellers are willing to drop their asking prices, they could be stuck for some time trying to get a sale.

There is another option – one that could not only enable you to move home when you are ready, but will also provide an income and allow you to delay your sale until a more favourable sales market. That option is letting.

Demand for rental property is stronger than ever, with more young people and families choosing to rent, Rental demand has increased for a number of reasons: it is more affordable and flexible; there are more people moving around for work.

We are seeing exceptionally strong demand for all types of properties in all the areas we cover – from studio flats to large family houses – with available properties renting very quickly and many tenants wanting to extend their tenancies indefinitely.

With winter underway and sales slowing, letting is the ideal option for homeowners struggling to sell. The property can be let for six months until the spring - or longer if it suits - until the sales market improves, and in the meantime provide a useful income.