At City Rental Services we’ve seen the increasing demand for quality rented accommodation and rented property in Bristol – it’s always a hot topic, especially in BS7.
We’ve seen details recently from Property Wire in this article about the launch of a low-cost rental property programme being launched across the UK.
The aim of the programme is to help increase the provision of low-cost rented accommodation across the country, to assist young people in making the step to home ownership down the line, according to the Government.
The initiative aims to increase the visibility and uptake of the Rent to Buy option for private tenants, as well as delivering more rented properties into the market in general.
This could be useful for rented property portfolio landlords in Bristol and new property investors in BS postcodes alike.
But will these buy-to-let properties across Bristol under the new programme possibly require higher deposits of up to 40% in the future?
We’ll be monitoring the new rented property initiative with interest, of course.
We’re always in need of more quality rented property in Bristol, so if you have a portfolio and are looking to maximise the return on your rented properties in various BS postcodes, get in touch with our experienced letting negotiators at our central Bristol office to discuss how we can help you further.
If you’re looking for advice on making money from rented property in Bristol from a leading independent lettings agency, call into 58 Gloucester Road to see us.