More letting agents 'looking to renovation'
Britons looking for houses and flats to rent may increasingly find they are able to choose from a selection of older buildings to make their new home.
This is because, according to one sector commentator, the private rental sector is moving away from finding the construction of new properties towards regenerating the UK's existing housing stock.
Alex Hawkes, news editor at Construction News, said: "A lot of private sector projects will move away from new-builds, which are quite expensive, towards repairing their buildings and refurbishing them."
In order to encourage such a trend, the Cut the VAT coalition has called for the tax on home improvements and repairs to be dropped.
The group asserts such a move would not only give the economy a boost but also help to create jobs.
Britons looking for flats to rent in Eltham or another part of London may prefer to choose an older property, as these can offer more character.
Written by Andy Britten
Published 24th February, 2010
© 2010 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Streatham town centre to be improved by BID?
Major improvements could be made to Streatham town centre thanks to a new business partnership.
Read Article ... Published on 25th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Barking Splash Park opens this weekend
Barking Splash Park will be free to use this weekend (May 25th-27th) to mark its opening.
Read Article ... Published on 24th May, 2012
Southwark estates to get cheaper energy bills
Residents in Southwark can look forward to cheaper energy bills thanks to the creation of a new underground green network.
Read Article ... Published on 23rd May, 2012
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
The private sector is increasingly looking towards renovating older houses to let, it has been claimed, which may be welcome news for those looking for historic property to rent in London.