Rents are up 7.2% in Hinckley!

18/1/2019 1:25 PM

Hinckley is one of the top spots for rental growth outside of London according to data from Rightmove. The top five areas with the highest annual change between Q4 2017 and Q4 2018 are:

  • Newbury - 8.0%
  • Swansea - 8.0%
  • Dundee - 7.5%
  • Dudley - 7.5%
  • Hinckley - 7.2%

This is great news for Hinckley Landlords, especially with potential fee increases from agents with the tenant fee ban coming in on the 1st June. It's more important than ever to make sure you're charging the right rent for your property. Of course there are always reasons to keep the rent at a preferential rate to retain good tenants, but if your tenancy is due to renew soon (or you've got a property coming to market) check the value of it quickly and easily HERE.

The tool isn't always accurate, as it uses average market data to predict a value. So it's always worthwhile asking a professional agent to visit the property and conduct a formal valuation. I can do this free of charge if you like, and you can book me in HERE.

Other posts you may find interesting...

Section 21 will be scrapped

Concerns have been voiced by the industry following an announcement made by the government relating to the abolition of AST'

Read more...

Mandatory qualifications for property agents

We will finally have a regulator with the power and funding to be able to truly increase standards and drive out rogue agents.

Read more...

Homes Act 2018: Are you ready?

Social and private landlords (or agents) will now be required to ensure that a property and its common areas are fit for human habitation.

Read more...

Top Tips for Renting Your Home

There are many things to consider when renting out a property. If in doubt, employ an ARLA Propertymark agent to look after your property.

Read more...