London Rents Predicted to Rise in 2018

London Rents Predicted to Rise in 2018

Find out about anticipated London rent increase in 2018

 

 

According to estate agent Knight Frank, rents in London are predicted to rise 0.5% in 2018, despite the current climate of political and economic uncertainty. 

 

Furthermore, in the 12 months to May 2018, Knight Frank found that middle price bracket rents in London have increased by 1%, with a particular strengthening of rental values in outer London, where supply has fallen. 

 

With the cost of renting in London forecast to increase, Shared Ownership represents a great alternative to renting a property privately. Indeed, in most cases, when first time buyers purchase a home with Shared Ownership it results in a cheaper monthly outlay versus renting a property from a private landlord.

 

Shared Ownership enables buyers to purchase a share of a property (usually between 25% and 75%) and pay a low rent on the remaining share. This significantly reduces the deposit requirement and mortgage amount. Furthermore, Shared Ownership buyers can increase their share at any time. 

 

Are you looking for a stylish and modern home in London?

Southern Home Ownership is dedicated to providing stylish, high quality and contemporary new homes for sale on a Shared Ownership basis. If you're a first-time buyer and interested in owning a Shared Ownership property in London or the South East then click on this link to take a look at our latest developments.