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40 Properties Appearing To Let In One Week

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Went for house viewing on Friday. Like it quite a lot, ideal for walking to work and train station. At the end I said I would be in touch and the EA said well let me know as the last two weeks we have had 40 properties a week appearing. I rang him yesterday and told him I would take it at £625 pcm and he rang back saying he has advised the LL to seriously consider it.

Where is all the property appearing from and devaluing rents in Devon? I thought rents only ever went up? :rolleyes:

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Went for house viewing on Friday. Like it quite a lot, ideal for walking to work and train station. At the end I said I would be in touch and the EA said well let me know as the last two weeks we have had 40 properties a week appearing. I rang him yesterday and told him I would take it at £625 pcm and he rang back saying he has advised the LL to seriously consider it.

Where is all the property appearing from and devaluing rents in Devon? I thought rents only ever went up? :rolleyes:

what was the asking price?

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Same thing in Swansea - 12 months ago there was a fight to find somewhere to rent. Now there is a glut and more hosues appearing each day.

I just assume it is people who cannot sell putting their homes up to rent - a lot of second home owners I guess.

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Yupe certainly going up, they have accepted £635, £15 less a month (I know I should have gone it at £600 to get £625). Which means I am now saving £75 a month in rent and will be able to walk to work saving fuel. So I estimate I am going to be around £200 a month better off for the move.

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would I be right in thinking though that this is the worst time of year to be trying to let a property as a lot of people move out in July and a lot move in in September, when academic years etc start? I don't know, I was just looking to rent this time last year and saw a lot of property on in July and very little in September.

Good news for your rental though, cost savings sound well worth it.

Edited by TeddyBear

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would I be right in thinking though that this is the worst time of year to be trying to let a property as a lot of people move out in July and a lot move in in September, when academic years etc start? I don't know, I was just looking to rent this time last year and saw a lot of property on in July and very little in September.

Good news for your rental though, cost savings sound well worth it.

yes.

:ph34r::ph34r::ph34r:

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  • 399 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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