Orchard introduces new rent protection service
SALES • LETTINGS • NEW HOMES • COMMERCIAL • FINANCE • P R I VAT E S A L E S • D I R E C T O RY
METRICS are showing that the proper ty conditions in the capital are leading many Londoners to want to move elsewhere.
At the beginning of 2016, 46% more of the capital-dwellers purchased homes outside of London compared with last year.
What is astonishing is that there must be even larger numbers of investors and prospective buyers wishing to move into the capital to maintain such a buoyant and growing market.
London’s low retention rate appears to offer an oppor tunity for commuter towns and villages. Those who are considering moving cite lifestyle change, personal finances and reducing running costs as more impor tant than being close to work.
The motivations then for looking outside of London are clear, movers are seeking to get more for their money, shrink mor tgage payments and almost half of movers are seeking to spend less than 35% of their monthly income on financing their homes – an aspiration that would likely lead to a more relaxed lifestyle with enhanced disposable income.
The most popular choices for the types of home people wish to live in are new builds and period homes, with a growing interest in detached proper ties – suppor ting the notion that 57% of movers state privacy as an appealing feature.
Watford, Harrow, Ruislip, Wycombe and Buckinghamshire are within a group of areas that are expected to see a flurr y of increased interest and upwards price growth as the ripple of London prices follows the commuting path.
In fact, over the next five years, some even predict a 50% price increase for those areas – making this a ripe time to star t looking at proper ty in these popular locations.
Paul Gillespie; 020 8426 1972; pgillespie@gibbs-gillespie. co.uk; www.facebook.com/ gibbsgillespie;Twitter: @ gibbsgillespie MARKET LEADER:
Orchard Property Services has an office in Ickenham at 11 Long Lane (pictured) and one in High Street, Ruislip.
THE lettings team at Orchard Property Services constantly strive to ensure that the services and products offered to landlords are completely unique and way above and beyond what is normally offered by their competitors.
With this in mind, Orchard is delighted to announce its newest innovation, ‘Protected Rent’.
In essence, landlords of Orchard who choose ‘Protected Rent’ no longer have the stress and worry of receiving the rent each month as Orchard guarantees to landlords who take this wonderful opportunity that if rent is not received within five working days, Orchard will pay the rent instead! No ifs or buts.
Managing partner, Christopher Foster MARLA explained: “I am extremely proud to launch this new service.
“I’ve long thought that when a landlord chooses our company to source tenants for them, in the rare instance that something should go wrong, the agent should take more financial responsibility and not rely on third party ‘rent guarantee policies’ which more often that not, do not assist when you need them most.
“I take pride in the service we offer to our landlords and want to take it one step further by protecting them as best as we can. I believe that, locally, we are the only agency which is willing to offer such a service and is testament of how we constantly listen to the needs of our clients.”
This fantastic service is available for both new and existing clients where Orchard are instructed to ‘Rent Collect’ or ‘Manage’ their property and comes with a personal promise that should the tenant get into arrears, they will receive unencumbered guidance and support from Orchard.
Orchard Property Services is an independent, multi-office estate agency which has been trading for 19 years, serving the communities within the Hillingdon Borough and surrounding areas in both sales, lettings and financial services.
Being different is not new for Orchard, which pioneered the introduction of lower rates of commission for both sales and lettings and is again aiming to be a market leader with its ‘Protected Rent’ innovation.
If you would like further information on the ‘Protected Rent’ service or book your free valuation call the agency today on 01895 623 666 (Ruislip) or 01895 623 626 (Ickenham).