If you’re looking to up sticks to England’s bustling capital, you’ll find you aren’t the only one making those late night Google searches for ‘lettings London’ after recent figures showed demand for property in the city has spiralled to its highest point for two years.
The Royal Institution of Chartered Surveyors said 33% more surveyors reported a rise in rental demand than a fall, the fastest increase since 2008, with houses proving slightly more popular than flats.
Residential Lettings London, under the umbrella of Benham & Reeves Residential Lettings, have been inundated with enquiries in recent months as punters search for property in London’s most desirable areas and they have been at the forefront of the London lettings industry for over 50 years.
They know that when it comes to property lettings London, it can get a little daunting and so they pull out all the stops to make tenants feel at home in their new surroundings by guiding them on any potential difficulties and ironing out any issues that do arise.
Further stats from the RICS emphasised the upturn in capital property demand at present, with the rate of rental growth at its highest since the middle of 2007, with 39% more surveyors reporting seeing an increase in rents over the past three months.
RICS spokesperson Jeremy Leaf said: “The lettings sector has become increasingly strong over the past nine months, in contrast to the housing market which continues to slow. Many have turned to renting because they fear further price reductions in the housing market, or because they cannot obtain the necessary finance to buy.
“As a result, rents continue to rise with supply failing to keep up with demand. However, there are increasing indications that more landlords are recognising these benefits and looking to add to their portfolios – especially as there has been a rise in the number of providers willing to offer investment mortgages in recent months.”
So with property demand in London truly soaring, Residential Lettings London is the perfect place to find your high quality residential property for either long or short term rent in central London. They will do their utmost to help you find a flat, house or apartment to rent in London.
ABOUT RESIDENTIAL LETTINGS LONDON
We’ve been rentals-only specialists for over 50 years and specialise in better homes in London’s most desirable areas from house to flat rentals London. We’ll soon find you a home you’ll enjoy living in.
We’ve a sustained high profile in the London rentals market thereby attracting a constant flow of quality corporate tenants which combined with our offices in Hong Kong, Singapore and Malaysia, gives us a leading edge when dealing directly with employees relocating from overseas.
Tenants from these companies, and many more, come to us from across the world because we offer the finest selection of homes to rent in London.
