The buy-to-let market is evolving rapidly, and investors need to stay informed about shifting demand, regulatory changes, and investment strategies to ensure long-term success. In our latest podcast episode, we had the pleasure of speaking with Wendy Gallagher, Managing Director of One Stop Properties. With an extensive background spanning mortgage advising, underwriting, and lettings management, Wendy brings a wealth of experience to the Glasgow rental sector.
Building a Successful Lettings Agency
Wendy’s career path has given her a well-rounded perspective on the property market. She shares insights on how her background has influenced her approach to running One Stop Properties and what motivated her to start her own business.
One Stop Properties has built a strong reputation, often welcoming landlords who have faced challenges with previous agencies. Wendy discusses the role of trust and reliability in property management and shares examples of landlords’ experiences before and after switching to her agency.
Disputes between landlords and tenants are inevitable, but a skilled letting agent can play a vital role in preventing and resolving issues. Wendy outlines common challenges in the sector and explores ways in which agents can mediate for positive outcomes.
Glasgow’s Rental Market and Key Investment Considerations
With in-depth knowledge of Glasgow’s property market, Wendy provides an overview of shifting rental trends across the city. She highlights areas experiencing increased demand, those facing declines, and the factors influencing these changes.
Tenant preferences can impact landlords’ returns, and Wendy discusses whether there has been a shift in demand for furnished or unfurnished lets and what implications this has for investors.
One Stop Properties outlines a structured approach to ensuring a successful buy-to-let investment. Wendy walks us through the key steps landlords should follow to maximise returns and build a resilient portfolio.
With economic uncertainties and evolving regulations, landlords must adopt a strategic approach when investing in rental properties. Wendy shares considerations for those entering the market and strategies to navigate changing conditions. Despite a slowing rental market in Glasgow in Q4, younger investors remain active in the buy-to-let sector. She explores the factors driving their confidence and what this could mean for the private rental sector in the future.
Maximising Returns and Adapting to Change
One Stop Properties also supports landlords with property renovations to enhance rental appeal. Wendy discusses various property upgrades that can increase rental value and attract tenants.
Energy efficiency is increasingly relevant in today’s rental market. Wendy examines the impact of energy-efficient upgrades on tenant demand, property value, and return on investment.
The Scottish Government’s recent rent control measures have sparked debate within the industry. Wendy reflects on how these policies have influenced the rental market and what landlords need to be aware of now that rent caps have been lifted.
Key Advice for Landlords
To wrap up, Wendy offers insights on what landlords should focus on to succeed in Glasgow’s rental market.
For anyone looking to learn more about property investment, lettings, or management, contact Wendy and her team, visit One Stop Properties or follow them on social media for the latest market insights.
To listen to the podcast in full:
Don’t miss out on hearing agents and property professionals chat about topics and issues relevant to you.
Lets Talk is available on all the usual platforms: Soundcloud, Spotify, Apple Podcasts and Citylets website, citylets.co.uk/podcasts.
Want to get involved?
Just contact us letstalk@citylets.co.uk. We look forward to hearing from you.
