Monthly Archives: February 2016

Nine Elms development spells great news for investors

Nine Elms is located on the South Bank, and includes parts of Wandsworth and Lambeth. It was once a picture of warehouses and wasteland, but is now one of the largest regeneration areas in Europe, with almost 20,000 units under construction from an investment of around £15 billion. Local council leaders have stated that once complete Nine Elms will have a distinctively London flavour that will draw an influx of investors and residents. Continue reading

Lifelong tenants are looking for lifelong landlords

Just three years ago it was predicted by many experts in the property market that the majority of young professionals and families would eventually resign themselves to the idea of being lifelong renters. With the demand for rental accommodation in the capital so high and the number of happy tenants rising, it would seem that the predictions were accurate. As an increasing number of tenants commit to long-term tenancies, it creates the need for landlords that are equally dedicated to providing suitable housing and professionally managed tenancies. Continue reading

Make sure your youthful tenants are protected

Research shows that more and more young people are renting for longer rather than buying their first home. Recent data from the Office of National Statistics shows that the percentage of 24 to 29 year olds in a position to purchase their own property has fallen from 55% in 1996 to 30% in 2015. The percentage of 30 to 34 year olds that own their own place has decreased from 68% to 46%. Continue reading

Addressing London’s long-term vacant properties

It is widely known that London is experiencing a shortage of housing, with insufficient homes to accommodate the ever increasing demand for living space in the city. There are presently just under three and a half million homes in Greater London, but the number of people seeking to live and work in the capital exceeds the number of homes available to rent or buy. As a result of this situation, greater focus is being placed on the number of London homes regarded as ‘long-term vacant’ properties. Continue reading

University students seek high quality HMOs

Student accommodation is one of the most successful areas of the rental sector today. Research shows that billions have been invested in the area in the last two years, and as increasing numbers of students achieve high GCSE and A level results, the numbers attending university and requiring suitable rental accommodation will continue to rise. Continue reading

Upwards extension proposals may give property owners new opportunities

In July 2015 the Treasury released its Productivity Plan to help boost housing supply in the UK. The document contained a number of proposed planning reforms, including giving the Government the power to draft local plans, looking at planning for brownfield sites and creating high density developments around key transport hubs. A lot of discussion has gone into these ideas and the benefits they could offer. Continue reading