As our name states, we are a company that has experience with rent guarantees. In fact, we are one of the top businesses working in guaranteed rent Islington has to offer. No matter your circumstances, we find a way to ensure that you receive income from your properties. So, why not choose a reliable scheme with us today?
New data from H&P reveals that some of the most expensive parts of London became even pricier over the last two years. The increase was despite the financial uncertainty due to the pandemic. The race to secure property in the Home Counties and leafy suburbs was also a factor.
A £120,000 increase
In Islington, the cost of a home has increased by £120,000 since the first March lockdown in 2020. This is the quickest rate of house price growth of all of the London boroughs. The average house price is now £771,374.
At the London property market’s absolute peak in 2014, inner boroughs like Camden and Islington led the recovery. This was after the global financial crisis took hold. They had the greatest house price growths in the whole city.
Stamp duty alterations in December 2014 put a halt to soaring growth of houses costing £1million or over. Now though, these essential London boroughs may lead the recovery post-pandemic. Give us a call if you desire the best services for guaranteed rent Islington has.
With all of this going on, we have to ask whether inner London house prices will carry on rising. During the course of the pandemic, the entirety of the city had slower increases. This was versus the regional and rural UK property markets. Many households chose to sell and then went off looking for more space for their money. In addition, this trend was exacerbated by a boost from the cultural change to working at home.
The market seems to be picking up
Saying this, there are some early indications that London’s overall housing market is going to pick up during 2022. According to data from Savills, registrations from potential new buyers in January were up by 70.2% across London. They were also up by 75.3% in inner London. This is from December. As for viewings, they more than doubled as well. Savills said that they went up 158%.
Enquiries made by potential buyers reached their highest levels nationally since May 2021. This was the height of the stamp duty holiday period. All of this is according to the RICS. There are also signs of an uptick in sellers wishing to list their houses.
Guaranteed rent in Islington to secure your money
At Guaranteed Rent, we assist countless clients with securing rent. Many consider ours the easiest services to use here because all services are completely hands-off. Plus, we offer the flexibility of terms lasting between one and five years. In addition, we have a 24/7 maintenance team that work hard to keep every building in top condition.
So, if you wish to do business with the foremost establishment specialising in guaranteed rent Islington has, please get in touch. Setting up a scheme is quick and very easy, ensuring you will start getting payments as soon as possible.