Grant Management Records Rental market reaching all time high across UK cities

November 03, 2008 (PRLEAP.COM) Business News
Grant Management has recorded 94% occupancy levels in Edinburgh and Glasgow, 96% in Dundee and 100% in Stirling.

Grant Management says the rental market is the healthiest it has been in years as a result of better returns for landlords and for those who can afford to invest in a buy-to-let property. The firm has noticed increased demand from people looking to rent until the market picks back up including those who are postponing climbing onto the property ladder and others who have sold properties, but are holding off buying new ones.

Peter Grant, chief executive of Grant Management commented: "It's a buyers market at the moment and the yields are strong. If you can afford to buy a property just for rental purposes it makes a lot of sense and the returns are pretty much guaranteed. Demand for rentals in Scotland has gone through the roof and we're now in a position where we are looking to source additional properties through our property management side of the business.

"Our biggest challenge at the moment is finding property, not letting it out. Management companies are battling it out for flats in Edinburgh you can see this by looking in the papers or in adverts. This is all becoming more acute as the slump in the mortgage market continues and people are having to consider property commitments more closely."

The firm's property management service is second to none and unlike many of its competitors, Grant Management is ARLA registered and as such work to the highest industry standards. The team take the hard work out of being landlord and have consistently achieved 95-98% occupancy across managed properties.

The areas Grant Management covers are far reaching including houses to rent in Manchester, houses to rent in Birmingham, flats Edinburgh and flats Dundee.

Grant Management was set up in 1997 by husband and wife Peter and Colette Grant. Peter and Colette Grant based Grant Management's business model on their own personal experience as investors, landlords and tenants. Subsequently, Grant Management aims to put itself in the customer's shoes and to align the customer's interests with their own.