Landlords have to work in a world of uncertainty. There are times when your properties will be empty for long stretches of time. This is never good for the cash flow. Our business helps by providing the finest services for guaranteed rent Wandsworth has. The council schemes are excellent, ensuring you get paid even when your buildings are empty.

London’s housing scene

It is no secret that housing in London has been an issue for years. At times, it can seem that regardless of what the authorities and government do to tackle the shortage, they cannot keep up with demand.

The rental market has been especially competitive lately. So many tenants are out there right now seeking out properties. Due to this, lots of properties are being grabbed the moment they enter the market. It has left tenants nearing the conclusion of their tenancies facing potential homelessness.

Various London boroughs across the city have effectively become construction sites. The work is looking to create the homes people desperately need. More and more high rises are appearing to provide denser housing on the land that is available. There is also a wave of Brownfield developments and schemes to replace and regenerate estates. In all, there is a lot going on to boost supply.

Some boroughs are doing better than others

Based on information gathered between 2021 and 2022, there are London boroughs that are faring far better than others in terms of housing supply. They are trying to ensure there are homes available for residents.

According to the information, Tower Hamlets is doing considerably more than other boroughs here. In the given period, they’ve erected 2,470 new houses. Southwark and Newham have also done well, with them building 1,390 and 1,320 new homes respectively. Wandsworth, Croydon, Greenwich, and Ealing managed to outperform other boroughs too. As a top provider of guaranteed rent in Wandsworth, it was good to see them complete 1,090 new homes.

As for London’s more economically well-off boroughs, they were closer to the bottom of the table. It was found that Richmond-upon-Thames only completed 20 new houses between 2021 and 2022. Camden, and Kensington and Chelsea only had 40 each. Islington is another of the well-off boroughs, but only built 80 houses. Lambeth is one more low performer with only 90 new homes. Kingston-upon-Thames had built 110 homes. Then there is Westminster, the home of some of London’s highest earners, but with only 220.

Houses completed per resident

With statistics for the number of houses completed per resident, Tower Hamlets succeeded again. Southwark also performed well here. Wandsworth, Merton, and Newham did rather well in this area as well. In Wandsworth, there were 301 new dwellings per resident.

Richmond-upon-Thames again did the worst, as there was only one new home per 9,762 residents. Islington, Lambeth, Kensington and Chelsea, and Camden did badly here too.

Saying this, the data merely measures the number of houses that were completed between 2021 and 2022. It does not take into account any homes where construction began or new ones at the planning phase.

We’ll get you the help you need with guaranteed rent in Wandsworth

At Guaranteed Rent, we specialise in providing clients with an all-in-one solution. It is capable of meeting all property requirements. The service enables us to help you with things like maintenance, property management, tenancies, and more. We can even aid you with legal documentation, such as gas safety certifications.

So, let us know if you’d like to work with the foremost establishment working in guaranteed rent Wandsworth has. We support clients and ensure they get the perfect service.