Finefair Ltd works to give our clients the broadest range of options for their assets. We can help them with private letting or set up to lease with the local authority. In fact, we are the very best council leasing company Ealing has. Our goal here is to support each client while also helping the council to get more properties they can use. That way everybody benefits.
What is an LTN?
A low traffic neighbourhood (LTN) is an area where there are restrictions on entry for cars and other road vehicles. Generally LTNs are neighbourhoods between main roads that drivers use to move between them. By introducing bollards, cameras, barriers, and other measures, it is possible to reserve entry just for residents.
The goal with LTNs is to make streets safer by reducing the amount of through traffic. The hope is that the reduction will also help to improve air quality and make streets quieter. This is beneficial to residents.
Do they add value?
Most people want to live in quiet, peaceful areas. As a result the properties in LTNs can actually be more marketable, especially for families. In fact, according to data from Savills, homes in these locations can enjoy a premium on their values.
LTNs in Ealing
There are a number of low traffic neighbourhoods in London. Councils favour them because of how congested these locations can be. In Ealing, there are currently 9. In the near future the council will add an extra one in W3. Then, there are proposals for 3 more at a later date.
Concerns
While many people appreciate the LTNs, not all are in favour of them. In fact there have been a number of protests and even some attempts to sabotage them. For example, in Ealing flower planters to block cars were knocked over. Elsewhere there have been instances of people removing signs.
There are a number of reasons for the opposition to the schemes. Some believe the LTNs actually punish locals. Others claim they simply cause congestion problems in other locations. In addition some are angry that the restrictions were introduced too quickly, without consulting people.
A reliable council leasing company in Ealing
Finefair Ltd has a very knowledgeable team. We work hard to ensure we know about all the different schemes that councils in London are offering. This way we can give landlords the best advice.
Many people come to us with questions about whether council leasing is actually worth it. We are happy to share our thoughts and details about the advantages. A lot of landlords will see that it is perfect for them.
So, if you want help from the best council leasing company Ealing has, speak to us. You can also work with Finefair Ltd if you have assets in other boroughs.