London lettings up 50% in 2010

Property rental London is very robust as requirement remains strong according to a new report evaluating sales and rentals inside the capital.

The quantity of finalized lettings in London has risen by 50% each year and rental costs are persisting to rise for both house and flat rentals London wide.

It has already been reported that bidding wars are rife between prospective tenants for rental properties, as a result of absence of good quality accommodation on the market and issues in the sales industry.

It is good news for landlords as it means that the market is weighted in favour of landlords as opposed to tenants as a consequence of popularity, so landlords can find themselves attaining higher rental yields. And also this signifies that if a property is empty for any period of time, it won’t be for very long so the loss of income will be kept to a minimum.

Property owners who are looking for tenants or property management services should get in touch with Residential Lettings London. Established in 1956, the company has over fifty years of experience in letting and taking care of properties, and they offer a full service which includes thorough marketing of your home when it is available and a reliable property management service when it’s let.

Residential Lettings London deal exclusively with lettings so that you can be sure that your home is their main priority and ensure that even the most challenging of tenants are fully satisfied at all times.

 

 

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