Bournemouth Dorset bargain rentals

27/05/2020

Bournemouth Letting Agent Tailor MadeAnnounce that many property owners are slashing their rental prices to combat the new wave of  empty property. Tailor Made report that owners who reduced their rentals by 15% less than the rents 12 moths ago are seeing results. Recent examples  are based around Westbourne & the Westciff of  8 Landlords asked to reduce by 15% below local actual proven values 4 reponded favourably. All 4 were let within 3 weeks of the reduction. The remaining 4 who refused to reduce still have not let thei properties 8 weeks on.Francis Payne of Tailor Made Lettings says "people need to be realistic as competition is fierce and many people seem to think that dropping rent by 15% is negligible but they need to be aware that a reduction of even £50 per month will bring more people to look at the property because it will fall into a wider search on the world wide web and a simple fact is the lower it s the more people are out there looking.