Cardiff Estate and Letting Agents
Properties in Cardiff, Penarth and the Vale of Glamorgan

According to recent statistics, landlords are set to see first signs of an upward trend in rental values. This is due in part to the credit crunch and its impact on the property market. With potential purchasers, particularly first-time buyers, finding it harder to obtain mortgages, this, in turn, leads to an increased demand for rental properties, and heightened rents. To compound this, the number of new property developments is also decreasing, altering the balance of supply and demand. With fewer new-build houses and apartments coming on to the rental market, it appears that tenants will be prepared to pay more for their rental property of choice.