Sunday, December 14, 2014

Flats to Rent in Acton: Property Managers Help Keep Rates Competitive

Central London’s prime rental market continues to appreciate, according to recent indicators. In an interview with Property Wire, real estate consultancy firm Knight Frank confirms that rental values in the city went up by 0.5 percent this October and are now at par with 2012 figures. In addition, the number of prospective tenants for the third quarter of 2014 also increased significantly compared to last year. These numbers are offset by mortgage lenders’ decision to cut their rates, which has resulted in a much lower demand for rental properties.

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