๐ฆ๐ฒ๐น๐น๐ถ๐ป๐ด ๐ฌ๐ผ๐๐ฟ ๐ฅ๐ฒ๐ป๐๐ฎ๐น: What Leicester Landlords Must Know
The last few years have been challenging for some landlords. But donโt rush into a decision about theย future of your buy-to-let. Consider these important points first.
Demand for rental properties is outstripping supply. Thatโs a trend thatโs likely to continue over the next few years.
Rent levels are strong. Savills forecast mainstream rents will rise 4% in 2025 and 17.6% over the next five years.
Property values remain firm. Savills predict mainstream house prices will rise 4% in 2025 and 23.4% by 2029.
Mortgage rates are trending downwards. Capital Economics suggests that the Bank of England base rate could fall to 3.5% in early 2026.Before deciding whether to sell or keep your rental, speak to your accountant and financial adviser.Also, discuss ways to maximise rental returns with a letting agent.
๐๐ผ ๐๐ผ๐ ๐ธ๐ป๐ผ๐ ๐ฎ ๐น๐ฎ๐ป๐ฑ๐น๐ผ๐ฟ๐ฑ ๐๐ต๐ผ ๐๐ผ๐๐น๐ฑ ๐ณ๐ถ๐ป๐ฑ ๐๐ต๐ถ๐ ๐ฎ๐ฟ๐๐ถ๐ฐ๐น๐ฒ ๐๐๐ฒ๐ณ๐๐น? ๐ฃ๐น๐ฒ๐ฎ๐๐ฒ ๐๐ต๐ฎ๐ฟ๐ฒ ๐ถ๐ ๐๐ถ๐๐ต ๐๐ต๐ฒ๐บ.
