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42 Mansel St, Swansea, SA1 5SW Tel: 01792 477002 invest@select-management.net |
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To Buy orNot to Buy!
With so much uncertainty in the market with regard to residential property prices many people are stepping out of the market and looking (many for the first time) at the letting market Renting a home has always given the tenant a certain degree of flexibility, a letting period can be agreed and in many cases this can be extended to suit changing needs. With the current position in the Middle East, many people see a cooling of buying prices. To sit the market out and watch what happens from the comforts of a rented home is becoming more and more appealing to more and more people. This has led to a whole new area of demand, local people wanting to rent local housing. Many of these people have sold properties and are cash rich enabling them to put a years rent down upfront. Agents have never had such a demand for rental flats.
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