We have been providing assistance with investment properties Bromley landlords can rely on for years. Our investor services can aid you in securing the correct assets to suit your strategy. In addition, we can take care of the management and help clients reach their individual goals. If you choose to make us your partner, you will benefit from the market in ways you didn’t think were possible.

The boroughs driving the rent revival

There has been some new research recently looking at the London boroughs responsible for driving the rental market revival. This is as values begin climbing and tenant demand comes back in a big way. You can argue that London’s rental industry has had one of the worse hits due to the pandemic. Travel restrictions and working from home advice have both caused demand to plummet during 2021. That had an impact on activity and values.

However, the research indicates that the decline is reversing quickly in 2022. Rental values are increasing annually over 42% of the capital’s borough. As for tenant demand, it has gone up over each borough since early 2021.

The current average rent sits at £1,597 across London. Consequently, tenants are taking advantage of the recent decline and snapping up tenancies at lower rates. They are paying -3% less per month on average. This is if you compare to a year ago.

The bright side

However, there is a brighter side to all this. Not all of the boroughs are sticking to the top line trend. Around 12 boroughs have had rental value increases year on year. This has been at a rate of between one and three percent. Moreover, the data indicates that the positive signs of price growth over much of London could start spreading soon. If you need advice regarding the investment properties Bromley has, you can speak to us anytime.

Rentd did some work analysing rental demands based on the amount of listed rental properties over London. These are ones that are already back in the hands of returning tenants. This research indicates that 42% of the rental stock has made its way into the current London market. If you compare to last year, this is a 12% increase. In terms of highest current demand, Bromley ranks top (54%), alongside a myriad of other boroughs.

Take advantage of our knowledge about investment properties in Bromley

At Finefair Ltd, our considerable knowledge of the London property market allows us to provide first rate help to everyone. Anyone who uses our services will be in a better position to make the right choices regarding assets. We also have a pre-auction service too, which can give everyone peace of mind before they purchase anything.

So, if you wish to do business with the leading company working in investment properties Bromley has, call us today. You can rely on us for everything, including rent guarantees for any number of homes.