{"id":14069,"date":"2018-09-27T12:56:24","date_gmt":"2018-09-27T11:56:24","guid":{"rendered":"https:\/\/www.benhams.com\/news\/?p=14069"},"modified":"2020-06-19T08:01:30","modified_gmt":"2020-06-19T07:01:30","slug":"hampstead-rentals-market-out-of-the-doldrums","status":"publish","type":"post","link":"https:\/\/www.benhams.com\/news\/benham-reeves\/hampstead-rentals-market-out-of-the-doldrums\/","title":{"rendered":"Hampstead rentals market out of the doldrums"},"content":{"rendered":"<figure id=\"attachment_14123\" aria-describedby=\"caption-attachment-14123\" style=\"width: 140px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14123 size-medium\" src=\"https:\/\/www.benhams.com\/news\/wp-content\/uploads\/2018\/09\/1-5-beds-let-\u00a31100-per-week-2-300x200.jpg\" alt=\"\" width=\"140\" height=\"80\" \/><figcaption id=\"caption-attachment-14123\" class=\"wp-caption-text\">5 Beds, let \u00a31,100 per week<\/figcaption><\/figure>\n<p>Above average early autumn enquiries have brought a much-needed boost to the Hampstead lettings market which has seen rents flatten in the last 12 months reports local agent Benham and Reeves Estate Agents. <!--more--><\/p>\n<p>\u201cAfter a fairly busy summer we started September with a shortage of properties and high demand but thankfully, along came a flurry of instructions through our <a href=\"https:\/\/www.benhams.com\/international\/offices\/\" target=\"_blank\" rel=\"noopener\">international<\/a> offices and we\u2019ve been doing brisk business across the spectrum\u201d reports Mark Winship, Manager of the flagship <a href=\"https:\/\/www.benhams.com\/contact\/hampstead-letting-agents\/\" target=\"_blank\" rel=\"noopener\">branch<\/a> in Heath Street.<\/p>\n<figure id=\"attachment_14073\" aria-describedby=\"caption-attachment-14073\" style=\"width: 140px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14073 size-medium\" src=\"https:\/\/www.benhams.com\/news\/wp-content\/uploads\/2018\/09\/2-2-beds-let-\u00a3490-per-week-300x200.jpg\" alt=\"\" width=\"140\" height=\"80\" \/><figcaption id=\"caption-attachment-14073\" class=\"wp-caption-text\">2 Beds, let \u00a3490 per week<\/figcaption><\/figure>\n<p>\u201cWe\u2019ve just let a handful of <a href=\"https:\/\/www.benhams.com\/property-to-rent\/?search%5B%5D=Hampstead&amp;min=&amp;max=&amp;bed%5B%5D=2&amp;tag=&amp;type=\" target=\"_blank\" rel=\"noopener\">2 bedroom<\/a> flats with rents ranging from \u00a3520 per week up to \u00a3690 per week. Properties that are pristine with fully modernised interiors and contemporary <a href=\"https:\/\/www.benhams.com\/services\/furnishing-packs\/\" target=\"_blank\" rel=\"noopener\">furnishings<\/a> are letting quickest and outside space or parking still commands a premium as is reflected in the rental differences\u201d<\/p>\n<div class=\"clear\"><\/div>\n<figure id=\"attachment_14074\" aria-describedby=\"caption-attachment-14074\" style=\"width: 140px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14074 size-medium\" src=\"https:\/\/www.benhams.com\/news\/wp-content\/uploads\/2018\/09\/3-2-beds-let-\u00a3510-per-week-300x200.jpg\" alt=\"\" width=\"140\" height=\"80\" \/><figcaption id=\"caption-attachment-14074\" class=\"wp-caption-text\">2 Beds, let \u00a3510 per week<\/figcaption><\/figure>\n<p>\u201cWe\u2019ve also seen a 27% increase in tenants taking longer (two year) <a href=\"https:\/\/www.benhams.com\/news\/benham-reeves\/london-lettings-agent-questions-the-governments-push-for-longer-term-tenancies\/\" target=\"_blank\" rel=\"noopener\">leases<\/a> &#8211; a good sign of job stability and confidence in the economy. With corporate budget cuts quite severely in 2016\/2017, this had a huge impact on tenants\u2019 finances and demand for larger Hampstead <a href=\"https:\/\/www.benhams.com\/property-to-rent?search%5B%5D=Hampstead&amp;min=&amp;max=&amp;bed%5B%5D=4\" target=\"_blank\" rel=\"noopener\">homes<\/a> to rent tailed off quite significantly\u201d adds Winship \u201cbut now rents have stabilised and a new swathe of tenants &#8211; from techpreneurs to wealthy city bankers &#8211; are discovering the Heath-side charm of Hampstead\u201d. He adds a caution though \u201clandlords hoping to secure a good tenant must be flexible about rent and not think we are totally out of the woods. It is not the time for rent increases just yet\u201d.<\/p>\n<figure id=\"attachment_14075\" aria-describedby=\"caption-attachment-14075\" style=\"width: 140px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14075 size-medium\" src=\"https:\/\/www.benhams.com\/news\/wp-content\/uploads\/2018\/09\/4-3-beds-let-\u00a3650-per-week-300x200.jpg\" alt=\"\" width=\"140\" height=\"80\" \/><figcaption id=\"caption-attachment-14075\" class=\"wp-caption-text\">3 Beds, let \u00a3650 per week<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Above average early autumn enquiries have brought a much-needed boost to the Hampstead lettings market which has seen rents flatten in the last 12 months reports local agent Benham and Reeves Estate Agents.<\/p>\n","protected":false},"author":1,"featured_media":14125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-benham-reeves"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.benhams.com\/news\/wp-json\/wp\/v2\/posts\/14069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benhams.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benhams.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benhams.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benhams.com\/news\/wp-json\/wp\/v2\/comments?post=14069"}],"version-history":[{"count":82,"href":"https:\/\/www.benhams.com\/news\/wp-json\/wp\/v2\/posts\/14069\/revisions"}],"predecessor-version":[{"id":18359,"href":"https:\/\/www.benhams.com\/news\/wp-json\/wp\/v2\/posts\/14069\/revisions\/18359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.benhams.com\/news\/wp-json\/wp\/v2\/media\/14125"}],"wp:attachment":[{"href":"https:\/\/www.benhams.com\/news\/wp-json\/wp\/v2\/media?parent=14069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benhams.com\/news\/wp-json\/wp\/v2\/categories?post=14069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benhams.com\/news\/wp-json\/wp\/v2\/tags?post=14069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}