New figures from the National Landlords Association (NLA) demonstrate that the demand for private rented homes remains strong. 40% of landlords across the UK have reported an increase in demand in their local areas, showing that there are plenty of opportunities for investors to attract tenants and make a healthy return on their investment through rent payments.
The South East and Outer London saw some of the highest demand, with rises of 41% and 40%. Just 6% of landlords experienced a decrease in demand in recent months. When it comes to investment properties in the City of Westminster, Kensington and other highly sought after areas of London, landlords can expect high returns on their investment and can always anticipate having plenty of interested tenants, as long as they are providing high quality accommodation that is suitably priced.
Although demand remains high, especially in desirable parts of the city, that doesn’t mean hard work and planning is not required to make a success of your rental property. Care, attention and time are essential if you want to get the best out of your portfolio, whether you own a single property or several investments in different areas of the city. This is where we come in.
If you own a property in any area of London, we can help you to optimise your chances of attracting high quality tenants and making an excellent return. We do this by marketing your property effectively and taking all possible steps to attract the right tenants, taking care of viewings, finances and other relevant matters. We also provide full professional management services and handle all repairs and maintenance, keeping your property in top condition to keep tenants happy. If required, we can even pay guaranteed rent every month to safeguard your income for the future. If you would like to know more about any of the services we offer, don’t hesitate to get in touch to discuss what we can do for your portfolio.