Renters have seen housing costs rise by an above-inflationary 3.4 per cent year on year, Rightmove reports. As changes in government legislation continue to squeeze landlords, we are seeing some chose to off-load their investment properties, causing an increased shortage of property available to rent. “After a few years of more plentiful supply in the London market we’ve now reached a point again where competition among tenants for a great rental home can be very high in the most popular rental areas of the capital,” said Miles Shipside, Rightmove’s housing market analyst.
David Cox, chief executive of Arla Propertymark, agreed: “Over the last few years we’ve seen taxes to both purchase and let a rental property increase,” he said. “We predicted back at the end of last year that renters would be in for a rough ride in 2018, and we warned government about the impact on the market. Our fears are now being realised.”
So, what can £2,000 per month get you?
In Chiswick, on Acton Lane (£2010pcm) – a three bedroom, two bathroom split level apartment, moments from the tube, perfect for professional sharers
In Shepherds Bush, Askew Crescent (1950pcm) – a fully refurbished period conversion, offering incredible master suite, second double bedroom, and two bathrooms
In Hammersmith, on Aspenlea Road (£2036pcm) – 2 Bed, 2 Bath
In Fulham, Flat Iron building, (£2058pcm) – 2 Bed, 2 Bath
For all lettings listings go to www.hausproperties.co.uk