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What is Pepe Portugal Jersey , How to & Tips | Rental Housing Prop London Real Estate Market Wandering in the British capital London, the main street, a poster family a rental agency came into view from time to time; and in one after another, out of the lower house, often marked with a rental to see the eye-catching signs. Rental housing has now propped up half of London real estate market, but also the survival of this international metropolis and an important foundation for development.

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Greater London including the City and 32 districts, with a total population of about 770 million, is the EUs most populous city. London is the worlds leading financial, business and creative center, from the country and around the world elite in this business, development Nani Portugal Jersey , and round their dream of success. Higher Education Centre in London or one of the world, full-time college students up to 26 million, of which one fifth of overseas students.

According to the Department for Communities and Local Government data released in England from 2008 to 2009 the family homeownership rate was 68%. However, the flow of population, housing prices and housing mortgages more expensive the higher threshold, the London family home ownership rate significantly lower than the England average, just over 60%. In other words, almost 40% of households rely on private rental housing or government, non-profit housing associations to provide low-rent housing to solve the housing problem.

Many people choose to rent in London, there are other reasons, such as here Miguel Monteiro Portugal Jersey , almost all outside furniture rental housing available, you can bag check; Once finalized rent and lease, the tenant signed a rental agreement with the landlord, the landlord of default is very rare occur, there is nothing to worry about tenants; rent also for frequent replacement and so on.

In general, in London there are four categories of people renting: overseas, college students, no housing the city of London and the British from the rest of the country. The city of London and other British houseless families have the right to apply for low-rent housing or rental subsidies, the actual rental price is only half the market price or even a third, which greatly reduce the pressure on their rent. But overseas, and students were not so lucky Jose Fonte Portugal Jersey , they had to pay hundreds of pounds a week rent.

Jean is an annual salary of twenty thousand pounds (about 200,000 yuan) and teacher, he came to London from Nottingham, in the center of Vauxhall in a low-rent housing rent, monthly rent £ 400. He was very satisfied with their living conditions. He said: If in accordance with the market price, I can not live in such a good place. However, the government plans to substantially reduce rent subsidies, the native British people will not be coming days as they used to moisten.

Demand

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 Joao Moutinho Portugal Jersey , which accounted for 40%. The results also show that the weekly rent received financial city of more than £ 400 more high-end tenants, 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 Joao Mario Portugal Jersey , more and more the overseas students, 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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