Research has shown that the total value of property in the private rented sector has increased by £109.5 billion in the last year alone. The financial crisis had a significant impact on the economy of the country, but it had little impact on the sector as there has been a gain of £302.5 billion since the significant drop in 2009. Furthermore, the value of the assets of landlords overall is now over three times its level in 2001, which highlights the staggeringly impressive long term growth the market has seen.
It has become clear that more tenants wish to live more flexible lives and not tie themselves to mortgages. The demand for rented properties is extremely high, and market projections imply that it will continue to rise. Incredibly, the private rented sector has expanded by almost two million households in just 13 years. Many potential buyers are up against rising property prices and decreasing salaries.
London currently accounts for an amazing 41% of the rental sector’s value and it is the perfect time for all tenants, landlords and investors to benefit from the current and future market trends. Buy to let is gaining momentum and increasing in strength. Landlords earned almost £50 billion in the last 12 months leading up to June.
We are the preferred choice for property support and block management in Hammersmith and Fulham and the rest of the capital, and we offer a multitude of services that cover every aspect of investment and development. Our investor and private lettings services help every investor to secure the highest possible returns on their investment, as well as developing their property portfolios. With the London rental market offering so much potential, there has never been a better time to enter into a relationship with industry leaders that focus on your future as a landlord and developer and put together straightforward and targeted strategies to achieve individual goals.
We offer every kind of assistance, from helping you turn your properties into viable assets such as hostels and HMOs, to expanding your property portfolios. Participation in our guaranteed rent schemes solidify your income and deliver a full management service that frees you of responsibility and concern. We believe in working towards growth, and we maintain long and trusted relationships with our clients. For full assistance with lettings, investment and block management in Hammersmith and Fulham and the rest of the UK, contact us.