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Paramount Properties

Navigating The London Rental Market: Expert Insight from our Renewals and Lettings Team

Main image: @gettysignature via canva.com

Navigating the London rental market can be a daunting task.

With so much noise and rapidly changing dynamics, understanding what’s happening and how it could affect you is crucial for your net position. 

In our latest video, we sit down with our Operations Director, Reagan Bradley, and our Lead Lettings Consultant, Ollie Gorman, to discuss the patterns we've observed so far and share our insights on where we think the market is heading next.

We’ll cover everything from current rental price trends to strategic advice for landlords navigating the renewal process.

Whether you're a landlord considering putting your home on the market or in the process of navigating a renewal agreement, this update will provide valuable information to help you navigate both processes confidently. 

Video Timeline: 

0:00 - Introduction 
0:17 - Current Rental Renewal Price and Market Price Trends
01:56 - A Marketing Strategy to Tackle These Changes
03:12 - A Renewal Strategy to Tackle These Changes
04:30 - How to Encourage Tenants to Renew 
06:07 - Future Predictions for the London Property Market
07:46 - Tips for Landlords: How to Navigate Renewals 
08:20 - Tips for Landlords: How to Navigate the Current Online Market

Key Highlights:

  • Data on average rental increases in the renewal market and new rentals.
  • Explore our renewal and marketing strategies to get you a favourable rent in the current market.
  • Practical steps to take right now to ensure your property is rented quickly and at a favourable rate.
  • Key insight into a renter's priorities
  • A never-before-seen trend across current market rental prices and renewal rental prices
  • Comparison between the current rental market and sales market
  • Future predictions for the London property market

 

We would love to hear from you. Click here to let us know what you think!