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.

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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.

Advantages of renting newly developed apartments

In the need to stay abreast with the changing lifestyles, it is becoming more and more important to find a dwelling which is fulfilling in multiple ways. Fast paced life, work related stress and increasing travel times make it inevitable that a house provides some respite at the end of day. The new developments in London serve the same purpose.

The time is perfect for taking an apartment on rent with numerous new development properties available all across London. All the new residential apartments are being furnished in a very tasteful and contemporary style. What is good in these properties is that they come with a lot of amenities around the corner, thus making them ideal for living a sound and convenient life.

With a vast array of stunning new apartments to rent in London, home seekers can search for the best fit as per their choice and need, also which is most proximate to their offices or their kid's schools and colleges. This will immensely help in reducing the overall travel time and the stress related to long hours spent in commuting.

While apartments to rent in London are available in abundance, the new developments save a lot of money and effort one might have to invest in refurbishing an old flat. The best part of new developments is in fact their "all under one roof" approach. Even if one moves into an unfurnished new property, they can choose the decor as per their taste and requirement, which will further add a personal touch to their home.

New developments in London are available to let and are located in all sorts of areas, aimed to suit all types of home seekers. These areas are usually good in terms of local amenities and transportation systems, along with entertainment and shopping options. The rent too is varying, depending on the kind of apartment one wants to rent in London. However, it is recommended to survey a bit to strike the best deal. One great way to do this is though internet options available online. Many letting agents are astutely handling new developments to rent in London for various dwellers. Ranging from chic places like Beaufort Park to serene new developments like Kew Bridge apartments, they are making the process of letting easier and quicker.

London apartments are gaining popularity among many people and the new constructions are happening in full swing. These apartments come in a wide range of rents so that people of all economic genres can afford to live in a beautiful house, without paying a fortune.