High number of London-leavers moving to Surrey this Summer, say Lettings experts Grantley.
For families looking to leave London for a more peaceful lifestyle, Surrey offers a great quality of life, high quality homes, top-rated state and independent schools, excellent amenities and beautiful countryside – all within an easy commute of London and the South Coast.
For many, the summer holidays are the perfect time to make the move, allowing time to settle in and learn more about the area before applying for school placements starting the following year. Mark Blakeway, Head of Lettings at Grantley, comments: “The number of households leaving the capital is at it’s highest for many years. People are looking for large detached houses along the A3 corridor, near sought-after schools and with the added benefit of commutability. Guildford and it’s surrounding villages tick all these boxes. Commuting is especially easy, with just a 35-minute train journey from Guildford to Waterloo and Heathrow and Gatwick airports less than an hour away by car.”
The influx of London-leavers provides a prime opportunity for Surrey homeowners to let their property and Mark recommends acting swiftly, saying: “Many families have already registered an interest in renting a home through us this year. Renting offers a great opportunity for them to free up cash ready to purchase their perfect home and ‘try before they buy’. They can also place themselves in the catchment area of thei preferred school.”
For prospective landlords, family homes with three or more bedrooms, in Guildford and its villages, can command rental yields between 3 and 6.9%.
Letting can also offer a solution for owners of very large homes who are reluctant to sell owing to stamp duty concerns, or who want to rent out their property while they are abroad. “Tenants can act as excellent caretakers for a property and its grounds, ensuring that the home is looked after in the owner’s absence,” says Mark, adding: “We are urging homeowners who are looking to let their property to get in touch now to take advantage of the large number of people heading to live in Surrey this summer.”
Grantley’s top tips for prospective landlords
- Tenants are naturally attracted to smartly-decorated properties. A fresh coat of paint and new carpets can also help to achieve the highest possible return
- Make sure your home is secure and childproof; parents with young children will be concerned about safety
- Kitchens are still the number one priority for families and can be a deal-maker or a deal-breaker. Make sure your kitchen is clean and tidy with as little clutter as possible
- Be flexible with your requirements. Pet-friendly homes can be highly desirable to tenants seeking a country lifestyle outside the capital.
Popular areas for families looking to let
- Guildford town centre
- Shamley Green
Founded in 2009, Grantley provides a professional property service in Surrey and the surrounding areas. Its expert team has a wealth of experience and local knowledge, underpinned by a discreet and proactive service.
Offering peace of mind for landlords, Grantley will take the hassle out of letting your home by preparing your property for rental including safety certificates, a valuation and advertising.
Once a tenant has been found, Grantley will carry out full referencing and credit checks, while also arranging inventory checks and a schedule of condition. With a close network of quality tradespeople, Grantley can manage repairs and maintenance, as well as provide cleaning and gardening services if required.
In addition, its lettings team will take care of payments and receipts, and provide you with a monthly statement of income.