With tenants forking out huge sums for rentals in London, our Nine Elms office has been looking at a claim that ‘Sky-high London rents are costing families an extra £300 a month.’
With Landlord’s claiming Labour’s policy would ”stifle investment” and tenants crying out for rent controls, who, if anyone, is talking any sense?
Concierge property management could be a service that letting agents will provide in future to benefit both landlords and tenants. If there is a market for this service, which there seems to be in London particularly, then it should be filled. Our Canary Wharf office have looked at the viability of this service for the evolving rental market in E14.
RICS new survey has confirmed what our lettings team at Henry Wiltshire Nine Elms has noticed over the last number of months.
New landlord instructions are falling month on month. As the supply of rental properties lessens it is predicted to push rents up by 15% in the coming five years.
What does this mean for our young renting population?
Landlords renting property in London must keep up to date with current fire regulations, not just to avoid being penalised but for the safety of their tenants and the rental property.
Our London estate agents explain which fire safety responsibilities lie with tenants and which with landlords.