Bankside
Southwark, Elephant and Castle, London Bridge, Borough, Waterloo
Southwark, Elephant and Castle, London Bridge, Borough, Waterloo
Clerkenwell
Islington, Old Street, Bloomsbury, Kings Cross, Holborn
Islington, Old Street, Bloomsbury, Kings Cross, Holborn
Shoreditch
Hoxton, Brick Lane, Old Street, Liverpool Street, Whitechapel, Dalston
Hoxton, Brick Lane, Old Street, Liverpool Street, Whitechapel, Dalston
Hackney
Hackney Central, Hackney Wick, London Fields, Victoria Park, Dalston, Stoke Newington, Shacklewell, Clapton, Homerton
Hackney Central, Hackney Wick, London Fields, Victoria Park, Dalston, Stoke Newington, Shacklewell, Clapton, Homerton
Market Report - Lettings Summer 2008
The London residential lettings market is currently enjoying a relative upswing when compared to the sales market. The summer months are our busiest months regardless whether there is a credit crunch, with a wave of students and post grads hitting town looking for rented accommodation.
The Market, when compared to last summer though, is different.
The confidence has gone in the City, this is reflected in our applicants and the price that we are achieving on our properties. Volume may be up, but rents are down a little on last year with relatively high supply and steady demand.
However, with relatively few new investors coming to the market, there can only be a long term increase in the rental prices as supply tightens.
The Market, when compared to last summer though, is different.
The confidence has gone in the City, this is reflected in our applicants and the price that we are achieving on our properties. Volume may be up, but rents are down a little on last year with relatively high supply and steady demand.
However, with relatively few new investors coming to the market, there can only be a long term increase in the rental prices as supply tightens.