Date Published 02 May 2023
The rental market remains very busy, with multiple applicants competing over a shortage of property to rent in, and the surrounding areas of, St Neots, St Ives and Huntingdon.
The gap between supply and demand has narrowed slightly compared to last year, however it is still near record levels with the number of tenants enquiring greatly outweighing the homes available to rent.
We're seeing more tenants staying put in their current home, which is having a knock-on effect for the rest of the market and contributing to the shortage.
We are also seeing some of our landlords decide to sell up for a variety of reasons – more legislation to navigate, higher mortgage costs, or because they can now get a good price for their home.
However, for new or existing landlords looking to grow their portfolio, yields remain strong, with a mix of property types, both houses, namely 2-3 bedroom and flats, proving popular in our Huntingdonshire market towns.
Our experience and reputation, knowledge of local rental market and our proficient tenant screening and management ensure we remain the ‘go-to' estate agency in Huntingdonshire, renown for our professionalism and our highly qualified partners.
If you are considering becoming a landlord or are looking to expand or move your existing portfolio, do give us a call. Our advice is free, even if you aren't a client of ours, we would be delighted to support you.
