Located in the main city of the City of London and Canary Wharf and the central business district is a white-collar professionals abroad neighborhood, the rental market is also one of the most potential customers. Major UK real estate agent Knight Frank real estate brokerage firm research shows that 48% of the City tenants are overseas, more than London, the local tenants, which accounted for 40%. The results also show that the weekly rent received financial city of more than £ 400 more high-end tenants Larry Csonka Orange Jersey , accounting for 23%.
Real estate brokerage firm Knight Frank, head of the City Hall rent in an interview that the vast majority of his customers are from Europe 40 years of age young people who in the City or the Central Business Districts financial institutions like far away from the work place, the location of fine homes. His analysis of the reasons for the London rental market booming, said: As many overseas working in London, they chose a more flexible rent, not buy a house. Renters can a few days after finishing, but it takes several real estate transactions months time.
The field in London and overseas students, less than 20% of the rental accommodation provided by schools, others have designed for students lease apartments or private residences. North of London, accessible by subway and a number of houses rented for more students to become the premier neighborhoods; south due to cheap rent tenants and attract many students. In recent years, more and more the overseas students Dan Marino Orange Jersey , student housing shortage, estimated shortfall of 100,000, which is a tremendous opportunity for developers.
This year, the housing rental market in London, especially fire, and the financial crisis has led to rental and investment for foreign buyers decreased, but the high threshold of mortgage first time home buyers to put more into the ranks of renters. With the approach of the 2012 London Olympic Games and the British Government to substantially increase their tuition fees for university students, is bound to further strengthen the ranks of renters, the prosperity of the London rental market trends in the housing material is difficult to change.
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