Demand for flats to rent in London continues
Tenant demand for flats to rent in London continues to grow and shows no sign of abating, according to new research.
Savills Research suggests that undergraduate student applications are up nine per cent this year, which has resulted in the growth rate of potential university accommodation students outpacing new supply of accommodation by a factor of 15 in London.
It all means that student accommodation is one of the areas of the property investment market that is holding up better than others, reports Property Wire.
"An underlying supply/demand imbalance points to a robust outlook for the sector, while the fundamental strengths of the business model mean that capital values have not fallen to the same degree as other commercial or residential real estate," explained Jacqui Daly, director of Savills Research.
Students have many areas of London to choose from for accommodation with universities located in a number of boroughs such as Islington, Westminster and Camden.
Written by Andy Britten
Published 27th May, 2009
© 2009 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Renting is an aspiration, says minister
A government has claimed "well-off" people living in London and the south-east should be aspiring to living in a rented home rather than buying their own.
Read Article ... Published on 17th March, 2010
House price increase lowest ever recorded in March
House prices in the UK have risen by 0.1 per cent during March, according to new research.
Read Article ... Published on 17th March, 2010
Deposits 'goalposts' are shifting further away from first-time buyers
The spiralling cost of deposits for first-time buyers is making it far harder to get on to the property ladder.
Read Article ... Published on 16th March, 2010
New £200 million Tower Hamlets development agreed
A planning application for redevelopment of part of London's east end was approved by local authorities.
Read Article ... Published on 16th March, 2010
Award-winning office development to bring prosperity to Southwark
An office complex, soon to be occupied by one of London's big accountancy firms, has won high praise for its sustainability.
Read Article ... Published on 16th March, 2010
Fewer first-time buyers getting on to property ladder despite Treasury proposals
First-time buyers are said to be finding it harder to get on to the property market despite government attempts to make it more affordable to buy.
Read Article ... Published on 15th March, 2010
Multi-billion pound London development good for local tenants
Anyone looking for property to rent in the London borough of Camden will be very interested in new developments around the area.
Read Article ... Published on 15th March, 2010
Is first-time buyer market losing out?
The middle to high end of the property market is currently doing better than the first-time buyer market, it has been revealed.
Read Article ... Published on 12th March, 2010
Bad weather 'may push up insurance rates'
UK insurers have forked out millions of pounds in recent months to cover the damaged caused by what is now known to have been the coldest UK winter in three decades.
Read Article ... Published on 12th March, 2010
Majority of young families 'cannot afford London home'
The majority of couples - 90 per cent - aged under 40 and with young children are unable to take their first steps on the property ladder if they live in London, new figures have found.
Read Article ... Published on 11th March, 2010
