Rental market reaches all time high across UK cities

Released on: October 31, 2008, 7:09 am

Press Release Author: Grant Management

Industry: Real Estate

Press Release Summary: Grant Management has recorded 94% occupancy levels in
Edinburgh and Glasgow, 96% in Dundee and 100% in Stirling.

Press Release Body: One of Scotland's leading property management firms has reported
record occupancy levels across a number of UK cities with soaring levels of demand
for rentals, despite the recent doom and gloom across the property sector.



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.

Web Site: http://www.grantmanagement.co.uk/

Contact Details: Grant Management
14 Coates Crescent
Edinburgh
EH3 7A
team@grantmanagement.co.uk
+44 (0)131 220 6360

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