Friday, November 16, 2012

Guaranteed Rental Schemes | London property prices set to rise due to inadequate supply of new homes

Guaranteed Rental Schemes | London property prices set to rise due to inadequate supply of new homes
http://bit.ly/TKXxai
We guarantee your rent: You don’t have to fill in any forms or claim forms. With 3Let you will receive a guaranteed rental income for as long as your property is without a tenant on our property management scheme. London residential property market continues to lure investors despite the delicate condition of the economy and the dull nature of the UK housing market. Property prices and rental values have risen sharply in recent years and despite tentative signs that the property market may slow in the short term, property prices look set to soar in the longer term.Guaranteed Rental Schemes London’s population growth is the fastest in the country and the dearth of new homes being developed to cater for rising demand from residence buyers and renters is getting stronger by the day.Guaranteed Rental Schemes The government estimates a rise in household numbers in London of between 34,000 and 38,000 annually up to 2028. But based on development levels over the last decade, a realistic estimate of the number of homes which will actually be delivered each year is 21,000. Guaranteed Rental Schemes Property price growth in the prime central London market continued by way of October with a further 0.8% rise compared to the previous month, according to the Knight Frank Prime Central London Sales Index. Property prices have been on an upswing on a monthly basis since November 2010 and stand 52% above the publish-financial crisis low of March 2009. At present almost thirds of households rent in inside London and 40% in outer areas, are roughly equally divided between private and social housing. While some tenants are attracted by the flexibility of the private property rental sector, many are unable to buy due to high house prices and stringent mortgage lending criteria. The impending problem has only one solution. Unless there is big rise in the supply of new homes developed in London each year, future property prices are likely to shoot by way of the roof, leaving existing homeowners and those buying property in London with a brilliant chance of prospering from future capital growth and higher rental returns. http://www.thefinancepages.co.uk/property/london-property-prices-to-rise/02904/ We treat your properties on our guaranteed rent scheme as our own for you to get the very best services at all times. Contact Guaranteed Rental today on 020 8694 8098 to find out more.

No comments:

Post a Comment