Lucinda Newell - Super Sleuthing Property Rental Expert - One Woman and Her Dog...
To be seen pottering along the highways and byways of Luton in her Mini Clubman, her trusted Scottie Malcolm at her side, our super sleuthing property rental expert Ms Lucinda Newell is on the case on your behalf!
As we enter 2014 the news of the economy is, at last, becoming more positive with reducing levels of unemployment, more people working than ever before and activity in the housing market growing.
Whilst the next move on interest rates will, undoubtedly be upwards, rates remain at historic lows and I am reading stories of many landlords taking the opportunity to increase the size of their property portfolios.
Rental values are steady and whilst the Government’s Help 2 Buy scheme will, undoubtedly attract some people away from renting and into home ownership, my feelings are that the rental market will remain strong during 2014 and beyond.
Having a consistent position is very important to me as a small landlord as it enables me to plan. Nearly all of my tenants have been renting from me for a few years now and, with the help of the team at Lenwell, we enjoy a good relationship that balances their needs with those of myself.
Being able to plan an ongoing repair and maintenance programme has helped me avoid any nasty surprises and ensured that my properties are always in good order and readily let when needed.
The fact that house prices are, once again, rising is an added bonus for landlords who may either wish to use growing equity to support further acquisitions or to cash in and use the funds for other specific purposes.
As always at this time of year, it is a time to make resolutions about the year ahead. I shall be looking to try and find more time to spend with my nieces as they are growing up so fast and, after a little too much food and drink this Christmas and New Year, like many others, will be looking to shed a few pounds in the weeks ahead. This may be a challenge for me but I know “someone” who’ll be pleased at getting out and about more!
Come on Malcolm - Walkies!