Kensington and Chelsea is a Royal borough located in central London, noted for being one of the most upscale and sought after boroughs in the city. It boasts a huge array of attractions and entertainment, as well as some of the most expensive and luxurious properties in the world. Continue reading
Monthly Archives: April 2015
Young renters driving the demand for rental accommodation in London
The UK housing market has been experiencing many changes lately. New research has discovered that more people are living alone, and more are intending to rent for the long term. A recent Housing Futures Survey discovered that 75% of the 43% of single people surveyed expected to be living on their own in rental accommodation in five years time. Continue reading
London’s new property market record
The property market in London continues to be turbulent but the latest figures show that the price of properties entering the market in the capital has reached an all time high. This comes at a period when the market is cooling and prices in some areas are even slipping backwards. According to data from Rightmove, the average asking price for properties on the market in London is now £594,585, up 7% on this time last year. This is impressive in itself but when you look at the growth over the last five years it is close to 50%. Continue reading
Things to consider when letting a property
The rewards of letting a property can be considerable, but the process and management requirements can often be time consuming and complex. There are many important details that need to be considered when it comes to rental properties. Continue reading
Maximise on the capital’s thriving rental market
Over the course of the past five years, the average rental values across central London have risen by 15%. However, if we consider the effects of inflation, average weekly rents are just 1.4% higher than at the beginning of 2010. This makes the rental market a more accessible tenure than the sales market. Census data reveals that the primary contributor to the private rented sector becoming so popular with Londoners is affordability. Over a quarter of London households now reside in rented accommodation. This signifies a 15.5% increase in the last decade and in central London the proportion is even higher. Continue reading
An opportune time for luxury property owners
The first ten weeks of 2015 saw more than £100 million being paid to landlords in advance to secure luxury rental accommodation in London. The capital city has seen an influx of domestic and overseas renters pay the entire cost of six or 12 month tenancies and deposits to secure rental homes in the most sought after locations. Prior to moving into high end properties tenants will typically pay a landlord in excess of £200,000. Continue reading
Managing your property and paying your rent
Letting a property has great money-making potential. If you have a spare property, or even a portfolio of properties, letting can allow you to generate a good amount of money from your property. One of the major difficulties of letting out a property is finding the right tenant. However, our guaranteed rent service will ensure that you no longer have any difficulties with letting your property. Our team can ensure that you receive constant income, even when it is in a void period. Continue reading
New transport links enrich property values
In London, improvements in transport links always bring new attention to areas as buyers look to snap up properties that will rise in value thanks to the increased accessibility once projects are complete. The Crossrail project brought a wave of interest all along the route when it was given assent in 2008. Since then prices have continued to rise with the latest report claiming properties along the route have seen prices rise by an average of 57%. Continue reading
Letting your investment property to students
As we move forward through the year, it is time for those finishing school to consider entering university. This means that thousands of students, both from the UK and overseas, will be spreading across the country to head off to the university of their choice. This, of course, will doubtlessly lead to a surge in properties being let to students, who will need a place to stay while they are studying. For investors who are searching for an investment property, investing in a HMO in a university city can represent a smart investment. Continue reading
Assisting the public sector through property management
When it comes to property in the public sector, every bit of help is needed to ensure that it remains in satisfactory condition for its tenants and clients. As they are not run by private landlords, tenants can feel put off by such property or feel as if their best interests won’t be met if they move into such a property. However, we operate a number of property management services targeted specifically at the public sector, allowing us to work alongside local authorities to help them deliver an excellent service for their clients. Continue reading
