Wednesday, May 22, 2013

London Rental Market is zooming exponentially

The long term rental market in London is soaring high as property investors across the board are acquiring homes in London. There seems to be a surge in the buy-to-let market as more people want to take out their money from banks and put into real estate.
Market watchers say that the London property rent market gives a current return of 7 per cent besides capital appreciation in the medium-term. According to a survey by London-based KinleighFolkard & Hayward, rents in London have zoomed an average of 8 per cent this year as compared to last year. While the rental prices are increasing, the tenancy lengths are also going up.

According to market watchers, more and more London property owners are putting their property for rent. On the demand side, an increasing number of people are seeking property on a rental basis . Adding to it is a squeeze in rental property supply in the last few months.

London, being a cosmopolitan city is a sought after place for renting property. At the same time, finding a suitable property for rent may be difficult unless there is professional people and agencies to help you out.

Professional Help

Those looking for apartments to rent in London can take the service of reputed firms who are ready to help you with their long drawn expertise in residential letting.

For long term rental in London their vast database can be a boon to the users in locating the best rental properties anywhere in London. Location wise search is also possible for properties in select areas like,

•    Beaufort Park
•    Canary Wharf
•    Ealing
•    Hampstead
•    Highgate
•    Hyde Park
•    Imperial Wharf
•    Kensington
•    Knightsbridge
•    West Hampstead

The agency also maintains some exclusive properties on their website. The advantage is--any kind of residential property for rent in London, be it long term rentals or short term serviced apartments can be found easily and that too in a cost effective way. The offerings range from luxurious studio apartments to family houses suiting all lifestyles and budgets.


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