Affordability is vital in the rental market. This is as true for London as it is anywhere else across the country.
Yes, the London rental market, much like the property expensive, is dearer compared to most places in the UK, but it is relative. Also, within the London rental market, there are many different options to consider.
At David Harris & Co, we are rental agents in Finchley, and we think this North London area has a great deal to offer. It is an affordable option within easy reach of the heart of the capital.
Also, if you have been priced out of the prime central London area, you’ll appreciate the value for money on offer here.
Stay in touch with all issues in the London rental market
Marcus Dixon is the director of UK residential research at JLL. This organisation analyses the prime London rental and sales market, and Marcus has recently spoken with the Landlords Today website about the current state of the London rental market.
Marcus said; “Two years on from the first lockdown we had hoped that 2022 would bring greater stability, allowing the much-anticipated PCL recovery to progress. Sadly, this hasn’t come to pass, with the war in Ukraine, the ongoing impact of Covid-19 and concerns over the rising cost of living all preying on the minds of households. Yet despite a far from certain year ahead the PCL market has again proved resilient. We still expect PCL to be one of the best performing markets in 2022, as the resurgence of the city continues. However, overseas buyers, the return of whom we are expecting to trigger a new wave of activity and price growth in PCL, may take a little longer than hoped to return.”
Finchley has a great deal to offer
Of course, at David Harris & Co, we represent the rental market in Finchley, and North London. While our areas are different from the prime central London markets, there are obviously connections between these areas.
A growing number of people find themselves priced out of property in central London. This goes for would-be buyers, tenants and even landlords. It is one thing to let property you already own, but when you need to expand your rental property portfolio, you need to afford housing.
This means many landlords who have previously owned or been interested in the prime central London market are looking elsewhere. The same goes for tenants.
We believe Finchley has a lot to offer, both as a place, and as an affordable solution for whatever step you wish to take next.
If you would like to discuss your options, including why North London areas such as Finchley are more appealing than central London solutions, we are more than happy to help.
Contact David Harris & Co to let in Finchley
We have assisted many Finchley landlords connect with tenants, and we know where these groups are looking for rental property. You can take the stress out of connecting with your ideal tenant by turning to a local letting specialist in Finchley.
If you want to make an informed decision in and around Finchley’s letting market, we are here for you. If you have any questions about the local market, or you need assistance, please contact David Harris & Co today. Call us on 0208 346 9122.
