Is there still demand for rental property in Godalming?

Tenant demand is at a record high across Godalming and surrounding villages, creating opportunities if you are a landlord who is keen to expand your portfolio of properties. Our incredibly experienced lettings team at Seymours Godalming are working hard to find tenants their ideal homes, but there simply aren’t enough properties available to rent.

According to a recent Rightmove report, tenant demand is up 20% compared with last year, and available properties to rent is down 9%.*

In-house lettings experts

Stefanie Powell, our head of lettings, has more than 16 years of industry experience and a fantastic track record when it comes to securing the right tenants for our landlords. Along with the team, she continuously keeps up to date with any changes in legislation and to regulations, enabling her to provide both landlords and tenants with up to date and sound advice.

Stefanie recently spoke with us to provide an insight into her expertise and thoughts on the current market.

She said: “Despite average rental prices continuing to increase and cost of living pressures, there is still huge competition for family homes, smaller homes and apartments.

“Recent reports do suggest that the Chancellor’s Autumn Statement in November will help mortgage rates to drop further and stabilise financial markets.

“We are currently working closely with our landlord clients, helping them to plan ahead for the opportunities that 2023/24 could bring.”

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Buy-to-let opportunities

“The current market conditions, and sheer demand for rental properties across the area, should open up fresh opportunities if you are an existing landlord or planning to embark on your first property let.

“We are experienced when it comes to identifying fantastic buy-to-let properties and we are already on the lookout for clients. As we are part of a network of 20 Seymours offices, we are in the perfect position to find you the ideal investment property across Surrey or West Sussex.

“We appreciate that there is uncertainty over mortgage rates, which is why we work closely with Heritage Independent Mortgage Advisers. Their expert team of brokers have helped many of our buy-to-let landlords secure the most suitable mortgage deals.

“By combining our expertise, we are able to provide you with the best possible advice and help you to work through any challenges that you may face.”

Property peace of mind

If you would like to find out more about our award-winning lettings and management services, please visit our specialist service page here or contact our lettings team on 01483 420555. 

 

 

 

*Rightmove Rental Trends Tracker: Q3 2022