Demand for new rented property increases as buy-to-let booms in Bristol and Bath
The demand for rented property is increasing, as the buy-to-let boom in Bristol and Bath continues to grow – according to news articles the experienced and multiple award-winning team of letting agents in our Bristol and Bath offices have recently reviewed.
This recent property industry news article highlights the consistent rise in rental amounts across the UK, as more and more people decide to rent their homes instead of buying.
This is great news for buy-to-let private landlords and property investors in Bristol and Bath – and our property management and landlord services have never been busier, as more private landlords bring their property portfolios to our teams.
The demand is also outstripping supply of rented properties in Bristol and Bath – as our experienced letting agents in Bristol and Bath have seen. This poses a problem.
But, the development of unused office space in both cities is helping to ease the stresses being placed on the current housing stock as more people demand high-quality rented properties in Bristol and Bath.
There’s a great story here about a business centre in Bath being converted into homes earlier this year, whilst this news story we saw this week confirms that more than one million square feet of office space has been turned into homes in Bristol since 2013.
These are exciting times to be involved in rented property development and buy-to-let investments in Bristol and Bath – and it’s clearly a growing sector in both cities.
To find out more about how our expert letting agents in Bristol and Bath can help you, please get in touch here.
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