An unoccupied property is a major headache for landlords. They cost plenty in insurance fees, council tax, and upkeep to make sure they are always in a pristine state ready for tenants to move in. If you’re a landlord in Wolverhampton you should never be without a tenant as there’s heavy demand for rental properties in the city and across the whole West Midlands.
In fact, demand is stronger in the region than anywhere else in the UK outside London. The growth of Birmingham as a commercial centre, continuing high house prices, and the upturn in the economy have all contributed to the number of young professionals and families looking for rented homes and apartments. Landlords in the West Midlands saw gross yields of 6.4 per cent across the 12 months of 2014.
At Home Point our Wolverhampton lettings office can provide landlords with a lettings service or full property or portfolio management. Our Wolverhampton office handles lettings in areas of the city including Tipton, Bilston, and Dudley and in the city centre itself.
There’s demand for every type of property, from apartments and flats within older houses, to family homes with four bedrooms and smaller terraced houses. We see all these types of property put up for rent in Wolverhampton and they are often snapped up in a short timeframe.
With our lettings service we handle all of the advertising and marketing of your property to attract tenants and make sure your rental property is delivering a return on your investment. We use the most effective advertising methods available, including both traditional property papers and online portals that see millions of hits each day.
Our staff co-ordinate all the viewings, referencing and background checks on tenants, and sort out the paperwork. Our property and portfolio management service is more extensive, with all the marketing included along with ongoing maintenance checks and on-call repairs.
Your tenants will come to us rather than dealing with you directly in the case of any problems. We find this is particularly useful for landlords who have other full-time occupations and don’t have much time to devote to their properties.
We’re fully regulated by The Property Ombudsman for Lettings and follow the Code of Practice for Lettings. That means we’re committed to the highest professional standards when dealing with both landlords and tenants.
And if you’re a tenant looking for a property in Wolverhampton we’re part of the Deposit Protection Service ñ so your deposit is held by a Government approved scheme and is returned to you ten days after the end of your tenancy once all the bills are cleared.
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