The latest reports from the Association of Residential Letting Agents (ARLA) show that the supply of rental homes in the UK has been increasing this year, with the number of properties being managed by each agency rising from an average of 178 to 189 from June to July.

Buy to let is looking more and more like a profitable and viable option as more and more people are renting their homes rather than purchasing them, and the number of landlords is going up. Many of these are thought to be retired people who are releasing equity from their pensions and investing in buy-to-let properties. The average number of newly registered prospective tenants rose slightly too, indicating that demand is going up as well as supply.

It is expected that these figures will only continue to rise over the next few years, signalling good news for buy to let investors and indicating that landlords will have more tenants to choose from, increasing the chances of profitable, long lasting and smooth running tenancies.

Demand is particularly high in London as so many people still wish to live in this vibrant and exciting city, so if you own a London property you will have plenty of opportunities to find people to occupy it. However, in order to make the most of your investment, it is always useful to have a team of professionals on hand to help and support you through the process.

At Finefair, we manage a huge number of different properties on behalf of our clients, and provide a complete lettings service which is designed to meet the needs of both the landlord and the tenant. If you are in need of a professional and highly experienced lettings agent in Merton, make us your first port of call. We cover each and every one of the London boroughs with our lettings services and can ensure you find the perfect home or the right tenants.