Sims Williams is reinforcing its position as one of the area’s leading letting agents, at a time when many smaller letting agents are considering leaving the market.
A changing landscape
The abolition of tenants’ fees, combined with cuts to mortgage tax relief for landlords and the rise of online agents is changing the landscape of the letting management industry – and not in a good way.
Many small private landlords are looking to sell their portfolios and traditional letting agents are considering ways to minimise the reduction in income or leave the market entirely.
Well-placed to accommodate changes
As independent estate agents, Sims Williams has been selling, letting and managing properties through our network of offices for over 40 years.
Lettings management is a core element of our business and we have the capacity to accommodate the forthcoming changes and increase our well-managed property portfolio through our offices in Chichester, Arundel and Walberton.
We’ve seen an increase in letting agencies looking for new partnerships
Many smaller letting agents and private landlords are now considering their exit strategy from a market place where profits are becoming increasingly hard to come by.
As well as looking for opportunities to buy letting management portfolios, we’ve been working hard with local landlords and business owners to create mutually beneficial partnerships which protect landlords and sitting tenants.
Giving landlords peace of mind – and good returns
If you are a private landlord and are thinking of selling or would like to discuss how Sims Williams could help you maintain a good return on your property investment, please call or email our Lettings Manager David Vawdrey on 01243 836055 or email David.email@example.com.