Rising house prices in London means that home ownership is completely beyond the reach of many living and working in the capital. The latest research claims the average cost of buying a home (in over half the capital’s postcodes) is now £500,000.
More viewings, reliable tenants, higher rents
‘Buy-to-Let’ in the UK has increased by 20% year-on-year during the first three months of 2015. Gross buy-to-let loans in February 2015 totalled 15,900, up 11% compared with the same period in 2014.
What all landlords want are professional, reliable, long-term tenants who will respect and take care of their properties.
There are thousands looking to rent, amongst those are many in secure, well-paid employment, wanting accommodation that reflects their status, income and aspirational lifestyles. These tenants are willing to pay a premium price for stylish, quality properties in the right location.
Renting property is a commercial enterprise, it involves risks, with a need to balance investment with sound financial returns. At Impressions London, we are experienced and skilled at understanding these financial demands when we ‘home stage’ a property to optimise its rental potential.
We offer landlords a complementary consultation and undertake a visual audit, so you can discover what simple, positive steps can be taken to increase your property’s appeal, recruit better tenants and achieve higher rental returns.