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Lack of rental properties offers opportunity for would-be landlords

Wed 29 Aug 2018

Increasing competition for the dwindling number of private rental properties available nationwide is pushing up prices for tenants according to a recent report -  and Leamington is no exception, says town estate agency ehB Residential.

But while the report, by the Association of Residential Lettings Agents, cites regulatory changes as a deterrent to would be buy-to-let landlords, ehB’s lettings department says these shouldn’t be an issue for its clients, as its team is dedicated to taking the hassle out of the arrangement.

ehB Residential MD Edward Bromwich says: “Changes in legislation may seem off-putting. But while managing a property on your own can be daunting and fraught with potential pitfalls, handing it over to an estate agency with a specialist lettings team takes away the headache while still ensuring it remains a good investment.

“Our local, knowledgeable, trained staff handle the marketing, viewings, tenant checks, inventory preparation, management and accounts in house from our Leamington office. So landlords have real human beings to deal with rather than a remote service centre.”

With local employers such as JLR, Aston Martin, National Grid and Warwick University there is a ready market for tenants with established careers who are looking for medium term accommodation.

ARLA’s figures showed that the number of prospective new tenants per branch nationwide grew from 71 in June to 79 in July – its highest in almost a year - with year on year demand up 13 per cent, while the number of available properties has fallen by four per cent.

"It has truly been a pleasure dealing with your colleagues who assisted in our purchase of 23 Beverley Road and the sale of 39 Brookhurst Road. This customer experience (including when we purchased 39 Brookhurst Court last year) has undoubtedly given us the confidence to approach eHB for our future real estate needs. We would like to express our sincere gratitude to Clive, Juliana, Chris and Louise. They were polite and courteous and we were very pleased with the level of professionalism and strong work ethic that they demonstrated at all times. In our experience, we found eHB working to a very high standard of customer care and this, we believe, is the key differentiator that must be maintained by successful companies in a competitive market. Clive, Juliana and Chris invested time in learning about our particular needs and they impressed us with their strong dedication to customer service. Their relaxed and informative style gave us the confidence that our sale and purchases were in safe hands from the outset and, of course, we are totally happy with the outcomes. In particular, they were diligent and meticulous in their approach and we found this to be very reassuring indeed. Your colleagues did an excellent job. We would be grateful if you could convey our heartfelt thanks and appreciation to Clive, Juliana, Chris and Louise. Well done! Kind regards Mushy & Laraine "
Mushy & Laraine

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