Landlords in Gloucestershire ready for bumper year?

Both landlords insurance customers and letting agents alike are looking forward to another "bumper year", according to a new report from Gloucestershire. According to the nationwide tenant referencing firm Landlord Assist, a combination of low interest rates and an easing in lending restrictions is leading to a number of buy-to-let investors coming back to the marketplace and adding to their portfolios.

Estate agents Peter Ball & Co of Cheltenham were one of the many firms speaking to This is Gloucestershire, and it believes that it will add to its record year in 2011 with yet another table-topping performance in the next 12 months.

Lettings manager Mark Kraven believes that the success is down to the increase in working relationships building in the county. "We anticipate record demand to continue throughout 2012 as large leading local employers such as Zurich Insurance, General Electric and GCHQ continue to attract and recruit professionals looking to locate to the centre of the Cotswolds," he said.

"We have also seen a marked increase in young people renting while they save for a deposit to buy and high levels of enquiries from overseas students studying at the University of Gloucestershire."