Established as Letting Agents in 1989
Training Letting Agents since 1997
in association with
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Save up to £87
on Combined Orders (Lettings Package and Property Website)
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The Lettings Business is Booming! |
Recent Trends in the Lettings Business
In 1990 approximately 4% of housing in the UK was privately rented, and by 1998 this figure had increased to 7%. This means that it almost doubled in 8 years. The same level of growth occurred in the following 10 years, reaching 13% in 2008.
According to the National Centre for Social Research on behalf of Communities and Local Government (CLG), in 2008 just over 1 in every 8 properties (13%) was privately rented. This is a 4% increase over 2005, a 12% rise since 2004 and a 22% rise compared to 2001.
The Rental Market Today
A recent report entitled Rental Britain published in Spring 2012 created jointly by Savills and Rightmove confirms that the trend towards Britons renting their homes continues. It states that the total value of our rental stock has risen by a massive 42% in the last 5 years, now topping £840 billion, with almost 1.5 million new rental households in the same period. The report predicts that by 2016 one in five households (20%) will be renting in the private sector.
The shift towards renting is increasing in large part due to deposit and mortgage problems by would be buyers, and this is unlikely to change with property prices holding up and increased caution by lenders.
It is reported that nearly 60% of the homes in UK's private sector are already managed by property letting agents, in an industry with an estimated worth of £10 billion.
The Future is Bright for The Lettings Industry
Recently published DOE figures estimate a need for an extra 4 million homes in the next 10 years, due to factors including a rising divorce rate, greater life expectancy, growth in single parent households, and continuing immigration, all swelling the demand for rented accommodation.
The Residential Landlords Association (RLA) recently concluded that the UK's private rental sector will continue to grow for the foreseeable future, with a) no change predicted in the difficulty in obtaining mortgages, and b) more people attracted to the flexibility and affordability of renting.
When you consider that in France 70% of housing is rented, and in Germany the figure is 50%, you can see that there is much room for growth in the UK, where we are more and more adopting European ways. Analysts predict that one in five Britons will rent a home by the end of 2016.
An Unmissable Lettings Opportunity
This unmistakable trends represent a once-in-a-lifetime opportunity for the self-motivated and ambitious individual to build a highly lucrative business in the private rental sector.
Now you too can be part of this continuing success story and profit from providing a Letting and Property Management Service to landlords and tenants in your own local area.
The Southcourt Letting Agency Business Package provides you with everything you need to quickly and easily set up, launch and run your own highly successful Residential Letting and Property Management Business (Letting Agency). What are you waiting for?
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“We decided it made sense to go with the most experienced company in both lettings and training.” Richard Jones
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“Wonderful Business Package & wonderful support!! We thought long and hard about if it was the right option. We decided to purchase this package. It was the best thing we ever did.” Nicki & Graham
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* Full Training/Operating Manual
* All Forms & Documents etc.
* Powerful Marketing Guidance
* Important Trade Contacts
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* Modern user friendly software
* Manage 10 properties for FREE
* Full Letting Agency version
* NO ongoing monthly fees
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* Email & Telephone Support
* Members Area for Updates
* Trade News Sources
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* Database driven website
* Choice of modern designs
* Includes set-up and support
* Free co.uk domain registration
* Includes hosting & email
* Includes portal upload software
* No monthly fees
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