The student population in London is predicted to increase by 50% over the next decade, with funding for student housing expected to triple and reach £5.7 billion by the end of 2015. The last two years have seen a significant surge in investment in the UK student housing market, with a rise from under £500 million five years ago to £3.8 billion in the first six months of 2015. Figures show that London accounts for £1.5 billion of the increase. Continue reading
Educating landlords on changes to eviction laws
Under the Deregulation Act 2015, changes have been brought into force that significantly affect private residential landlords. The changes are a direct response to the rapidly growing rental sector and the inherent need for professional practice. The new regulations will impact whether or not a landlord can serve a Section 21 eviction notice on an assured shorthold tenancy. Continue reading
Family homes are seeing the speediest rent rises
The new index from Landbay Rental has revealed the fastest rising rents in London to be those that apply to three bedroomed properties. The index is the first to track rental trends to the county and London borough level in combination with the number of bedrooms. London has seen a 4.6% year on year growth in August, compared to a 3.3% rise on all properties nationwide. Continue reading
One of London’s most unusual homes
Hampstead Heath, mostly situated in the London Borough of Camden, is home to many stunning, multi-million pound properties. One stands out from the crowd because it only rises eight feet above the ground and is hidden behind a wooden fence. The confusing thing about this property is the fact that not only does it have two floors, but the living room boasts a twenty-five foot high ceiling. The effect is achieved because the majority of the building is subterranean. Continue reading
Direct Let with Bromley Council
Bromley is the largest of the 32 boroughs in Greater London, covering an impressive 57.97 square miles. The size is reflected in the population. It was estimated to be over 321,000 in mid 2014, making it one of the top six most populated boroughs in the city.
The large population makes demand for housing very high. Bromley London Borough Council is stepping in to help increase the amount of available housing in the area by supporting private landlords in leasing their properties. Their Direct Let scheme allows property owners to lease a vacant home with help from the council, providing support, advice and additional security in the process. Continue reading
Leasing your property with Brent Council
Brent is a borough in North West London most famous for being the home of Wembley. It is currently undergoing a huge transformation with several regeneration projects taking place. This work has increased the popularity of the area and attracted more people to it. The result is that it has one of the largest populations of any London borough and there is high demand for housing. Continue reading
Rising to the challenge of block management
Over the years the London borough of Bexley has mostly been associated with a high percentage of owner occupied residential buildings. There has, however, always been a considerable number of people who prefer to rent. The number of people renting properties across London is increasing. The trends all indicate that flats are the most sought after properties for rentals, which, as you might expect, has seen many investors seek out blocks of flats to add to their property portfolios. Continue reading
Investing in property instead of stocks
For many years the stock market was the primary location for serious investors, but many investors today see the stock market as an unfathomable place. Property is a tangible asset that is much more favourable than a market where fortunes can be lost in a moment. Buy to let has been booming for the last few years, and many landlords continue to invest in properties to lease to tenants and secure their financial futures. Continue reading
A complete approach to property
The London Borough of Barking and Dagenham is celebrating its 50th anniversary of formation this year. Celebrating is indeed the right word, as this popular area of London is thriving. Property is in particularly high demand in this borough, and many investors have bought here in order to secure the best returns from their portfolio. Continue reading
New survey reveals the most popular places in the capital
A new survey of more than 12,000 Londoners has been conducted, asking them their opinions on the best places to live in the capital. Out of the top twenty, four are located in the South London borough of Wandsworth: Balham, Battersea, Tooting, and Clapham Junction. The top pick from the survey, Clapham, is within easy reach of the borough. These spots were chosen based on factors such as convenient transportation links, entertainment and housing. Continue reading
