> Rental Market Comment Autumn 2017 | Plaza Estates London
Rental Market Comment Autumn 2017
By Fiona Guthrie
// Thu 26th
As predicted, enquiries for larger family properties dropped off as summer ended and the new school year commenced.
The market activity we reported in our Summer Newsletter has increased dramatically this Autumn. August was still active for us (not everyone was on holiday!) and September and early October has seen tremendous demand from international students and professionals wanting to rent largely in the mid market level.
As predicted, enquiries for larger family properties dropped off as summer ended and the new school year commenced. Many of these recent tenancies were agreed at asking price or close to it, with tenants realising that the rent levels being asked were realistic. We do our utmost to advise clients on all aspects of the market. Starting at the right rent level is key, as well as how best to present a property to make it more appealing.
We provide our landlords with tips on anything that needs to be done to maximize the property’s potential and speed up the process of securing a good tenant. Tenants do have a choice and properties need to be freshly decorated and well cared for. Tenants want good landlords as much as landlords want good tenants!