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W A Ellis’ overview of this week’s market - 03/09/2010

This week has seen a marginal drop in the frenzied activity of the past couple of weeks which is expected for a Bank holiday week, particularly with schools beginning to go back.  The high net worth students have continued to make the one and…

W A Ellis’ overview of this week’s market - 27/08/2010

With the recent surge of activity in the market, the stock levels within central London are dropping week by week dramatically.  There are very few new properties coming on to the market and, as we mentioned before, more people seem to have…

Tenant frenzy in the London lettings market

The silly summer season really seems (like the weather) to have come to a grinding halt as the market has changed dramatically over the last couple of weeks.  We have had a flood of enquiries at all levels of the market with tenants scrambling to secure their chosen property and paying by credit card ahead of signing the tenancy agreement in order to stave off the competition.

Rents set to rise as supply dries up in the summer heat.

Partner Karen Carpmael said “The first half of the year has seen rents rising as demand grew for long term rentals. Over the same period the supply of suitable properties did not grow as fast and this imbalance has resulted in some spectacular lets and some impressive renewals.

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