A local firm of leading property specialists is predicting the
amount of people looking to rent homes will continue to rise over
the coming year.
Shropshire-based Nock Deighton revealed that local demand was
mirroring recent figures released by the Association of Residential
Letting Agents (ARLA), which revealed the number of tenants on
their members' books had hit record highs at the end of 2010.
Similarly, the latest Residential Lettings Survey from the
influential Royal Institute of Chartered Surveyors (RICS) found
that more than a third of landlords had reported an increase in
tenant demand, while 39% had seen an increase in rental levels.
Dawn Clarke, Director of Nock Deighton, said: "Recent surveys
from both the RICS and ARLA back the local trend we've been seeing
- that more and more people are looking to rent. We expect this
trend to continue into 2011, as even though demand for rental
properties continues to exceed supply, there are still suitable
properties being added to the market on a weekly basis."
Formed in 1831, Nock Deighton is one of the Midlands' most
well-established and respected firms of estate agents, lettings
agents, block management agents, chartered surveyors and
auctioneers. The company stands at the forefront of the modern
property sector by embracing up-to-the-minute technology and
industry best practice, and has a firm focus on achieving the very
best results through a full range of specialist property-related
services and dedicated staff.