Economic uncertainty 'may increase popularity of flats to rent'
Economy uncertainty means many people in the UK could still be looking for flats to rent in the London borough of Greenwich.
This is according to one expert from the National Landlords Association, who said many Brits remain unsure about what to do when it comes to housing.
Chris Norris, policy manager at the firm, said half of buy-to-let owners participating in its Landlords' Optimism Index are predicting strong rental demand among those looking for a home.
This is because they are holding off "deciding whether to continue renting or buy while current economic uncertainty continues", he explained.
However, anyone who is considering renting an abode in London may want to find a property quickly, as the index also revealed confidence among some landlords has dropped for the first time in nearly two years due to uncertainty about housing benefits and tax changes.
Last week, the Royal Institution of Chartered Surveyors revealed 26 per cent of its members have seen an increase in the number of people looking to rent accommodation.
Posted by Martyn Glynn
Published 1st September, 2010
© 2010 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Enfield £1.3bn masterplan unveiled
A masterplan has been unveiled that will see a 200-acre site in Enfield regenerated as part of a £1.3 billion plan.
Read Article ... Published on 23rd May, 2012
Londoners encouraged to grow their own fruit and veg
People in London are being encouraged to grow their own fruit and vegetables.
Read Article ... Published on 22nd May, 2012
Merton 'embraces green improvements'
Merton is now a cleaner, greener location to live in thanks to the implementation of the Wandle Valley Low Carbon Zone (LCZ).
Read Article ... Published on 22nd May, 2012
London house prices rise by 1,782% in past 35 years
London house prices have increased by 1,782 per cent in the last 35 years.
Read Article ... Published on 21st May, 2012
Poplar's Chrisp Street to get £100m regeneration
Some £100 million is to be spent regenerating the Chrisp Street area of Poplar in Tower Hamlets.
Read Article ... Published on 21st May, 2012
Putney community hall gets £150k refurb
Newlands Hall in Putney Vale, Wandsworth, has reopened after undergoing significant refurbishments.
Read Article ... Published on 18th May, 2012
Harrow cycling and walking routes improved
Extensive improvements have been be made to the cycling and walking routes in Harrow.
Read Article ... Published on 17th May, 2012
Norwood Park gets outdoors gym installed
An outdoor gym has been installed in Norwood Park in an effort to encourage more people to take up exercise.
Read Article ... Published on 16th May, 2012
Brixton to benefit from £75m regeneration
An estate in Brixton is to be improved thanks to a £75 million development project.
Read Article ... Published on 16th May, 2012
Olympic concerts to be held at Hyde Park
A series of Olympic-themed concerts are to be held at Hyde Park.
Read Article ... Published on 15th May, 2012
Many Brits could be considering renting a flat as they are uncertain about the economy, according to one expert.