September 2014 saw Central London rental values increase for the seventh consecutive month, and analysis shows that annual growth is at its highest rate in two and a half years since recovery began in the capital. Fortunately, the UK economy is regaining health after the crash, and research by the Office for National Statistics highlighted the fact that the economy of the country was 2.7% larger in the second quarter of 2014 in comparison to the pre-crisis peak. Rental value is soon expected to mirror figures we were seeing before the fractured economy led to substantial falls in 2011.
If we look at the amount of people seeking rental properties in September, there was a 22% increase from the same month in 2013 along with a 19% increase for January through to September. With the 2015 general election imminent, we can also expect unrest within the property world that will impact positively on the rental market. The inherent uncertainty of the election serves to somewhat diminish general interest in property purchase.
Statistics and projections such as these are very good news for tenants, landlords and investors alike. As more and more people search for homes to rent rather than buy the demand for suitable properties increases and creates a world of opportunity for all owners and developers. Due to the fact that the figures are showing the highest increases in three years, it is the perfect time for investors and landlords to guarantee their income and maximise their returns.
We are the preferred provider of support in the capital which means we can readily deliver the finest level of service. As an expert property company and lettings agent in Enfield, we are qualified to provide all the help you need. The easy way to ensure a smooth and successful tenancy is participation in our guaranteed rent schemes. As our investors will attest, the schemes make great financial sense. Flexibility means you can participate from as little as one year or as long as ten, and we cover all aspects from tenant placement to bills, inspections, repairs and resolving disputes. Your rental payments will reach your account every month without fail, whether your property is occupied or not.
We are the first port of call for all property management and investor services, and as a dedicated lettings agent in Enfield we help thousands of people get the most from their investments year in year out.