If you’ve been thinking about letting your property, summer is one of the strongest times of year to bring it to the rental market.
While many people assume spring is the busiest season for property, the summer months often see a significant increase in tenant demand. From families relocating before the new school year to professionals moving for new jobs, there are plenty of motivated tenants actively searching for their next home.
Combined with longer daylight hours and properties looking their best, summer can provide the ideal opportunity for landlords to secure quality tenants and maximise rental income.
Increased Tenant Demand
Summer is traditionally a busy moving period across the UK.
Families often prefer to move during the school holidays to minimise disruption, while graduates begin relocating for new jobs and professionals frequently move before the autumn recruitment period.
This creates a larger pool of prospective tenants, meaning well-presented properties are often able to attract strong interest shortly after being advertised.
Your Property Looks Its Best
First impressions matter.
Natural daylight, gardens in full bloom and brighter weather all help showcase a property’s best features.
Professional photography is more effective during the summer months, and prospective tenants are often able to view homes in the evening thanks to the longer daylight hours.
A property that feels bright, clean and well maintained is far more likely to stand out in a competitive market.
The Perfect Time for Maintenance
Preparing your property before marketing it can make a significant difference.
Summer provides ideal conditions to complete decorating, external repairs, garden maintenance and routine safety checks before tenants move in.
Taking care of these jobs beforehand can help reduce future maintenance issues while presenting your property to the highest possible standard.
Pricing Your Property Correctly
Although demand is strong, achieving the best rental return isn’t simply about choosing the highest possible asking price.
Accurate market knowledge is essential.
Pricing a property too high can reduce enquiries and leave it sitting on the market, while under pricing could mean missing out on valuable rental income.
A professional rental valuation ensures your property is marketed competitively based on current local demand, comparable properties and market conditions.
Compliance Has Never Been More Important
With significant changes to the rental sector now in place following the introduction of the Renters’ Rights Act, landlords face greater responsibilities than ever before.
From ensuring the correct documentation is provided to maintaining compliance throughout a tenancy, staying up to date with legislation is essential.
Working with an experienced property management team can help landlords remain compliant while protecting both their investment and their tenants.
How Oakwood Can Help
At Oakwood Property Services, we support landlords through every stage of the letting process.
From providing an accurate rental valuation and professional marketing to tenant referencing, compliance, property management and ongoing support, our experienced team is here to make letting your property as straightforward as possible.
Whether you’re letting your first investment property or managing an established portfolio, we’ll provide honest advice and a personal service tailored to your needs.
Thinking About Letting Your Property This Summer?
If you’re considering letting your property, now is an excellent time to explore your options.
Get in touch with the team at Oakwood Property Services to arrange a free, no-obligation rental valuation. We’ll provide expert advice on current market conditions, achievable rental values and how to prepare your property for a successful let.
