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Our Hyde Park branch<\/a> is busy and experiencing strong demand for affordable one bedroom properties which are letting within days. There is also a good market for high-end properties priced between \u00a3800 and \u00a32,000 per week. Relocation agents are very active, looking for family homes for senior executives of large firms, many of whom are relocating to London from the Far East. Areas like Fitzrovia and Mayfair<\/a> are sought-after, with prestigious new developments such as Fitzroy Place are in high demand. Despite their higher price tag, we\u2019ve successfully\u00a0to let two apartments at full asking rental within 48 hours of instruction. Most professional tenants prefer the high spec and amenities <\/a>of an apartment in a brand-new development<\/a>, and period properties often struggle to compete with these.<\/p>\n There is good demand for one and two bedroom properties in Kensington<\/a> as we move towards the busy spring and summer season.\u00a0 Relocation agents are busy requesting properties for executives looking for family homes ahead of the September school <\/a>term and most of these are looking for high-end properties in the \u00a31,500 – \u00a32,000 price bracket. We have also been receiving a number of\u00a0new instructions recently, both period properties and apartments in new developments. In Knightsbridge<\/a> there is strong demand for studios and one bedroom apartments. Our branch<\/a> is also receiving plenty of enquiries for short let properties for short stays in London over the summer.\u00a0\u00a0 Many tenants are choosing to renew their existing tenancy rather than incur costs by moving meaning tenancy renewals are around 85% at the moment. This is good news for landlords who wish to retain a good tenant, maintaining continuity of income and eliminating voids. Our Ealing branch<\/a><\/u> at the Dickens Yard development<\/a> continues to see good rental demand, particularly from Japanese corporate tenants moving to London.\u00a0 The development\u2019s next phase, Dashwood House, completes later this month and we are already receiving enquiries for apartments in this new building.\u00a0\u00a0\u00a0 Quayside House at Kew Bridge<\/a> is also completing soon and we have received\u00a0keen interest in apartments here too. Apartments at Fulham Reach<\/a> remain popular and our branch<\/a> on-site at the development is receiving plenty of enquiries, particularly for smaller apartments. Many tenants really fall in love with the development once they have moved in and we are seeing tenancy renewal rates of around 60% at the moment. For tenants on a more modest budget, apartments at nearby developments such as Hamlet Gardens, King Henry\u2019s Reach and the Beacon Tower at Putney Plaza offer a good alternative. Rental demand remains good at Imperial Wharf<\/a> and we continue to see strong levels of enquiries, both from overseas applicants moving to the UK and from applicants wishing to move here from other parts of London. One bedroom apartments are letting particularly quickly at the moment.<\/p>\n Our City<\/a> and Canary Wharf<\/a> branches have had a very strong first quarter to 2016 and this high rental demand looks set to continue into the summer months. In the City developments such as Goodman\u2019s Fields<\/a> top many applicants\u2019 wish lists while in Canary Wharf<\/a>, we have had an excellent response to the launch of apartments at Lincolns Plaza. This development ticks all the boxes for those looking for a high spec and fantastic amenities including a health club, cinema, 24-hour concierge and winter garden \u2018Sky Lounge\u2019. While stock levels are generally good in Canary Wharf, we are starting to see shortages of smaller properties \u2013 studios and one bedroom apartments.\u00a0 There are around five applicants for every one bedroom apartment and this strong competition can create a bidding war amongst tenants, pushing up asking rentals above the market rate in some areas.<\/p>\n Our Surrey Quays branch<\/a> at the Marine Wharf development<\/a> is seeing strong demand too.\u00a0 Enquiry levels are high – IT professionals are looking for high spec homes within a short commute of Old Street\u2019s tech hub at \u2018Silicon Roundabout\u2019, while young professionals are generally looking for affordable homes within easy reach of Canary Wharf. Our Wapping branch<\/a> is also very busy, with many high quality developments springing up in the area, offering a standard of accommodation and amenities that were once the preserve of Canary Wharf. We are finding\u00a0tenants are looking for more affordably-priced rental homes in the area. The popularity of Greenwich<\/a> and Blackheath<\/a> continues to grow and Kidbrooke Village<\/a> is one of the developments which continues to attract strong enquiries. It is only a 15-minute commute from London Bridge yet is in a leafy, green part of South East London with good amenities.\u00a0 Apartments in the latest phase, Grayston House, are letting quickly and start at \u00a3290 per week.<\/p>\n The Hampstead<\/a> rental market is really picking up and there is a noticeable upturn in enquiries. Applicants are looking for good quality two bedroom apartments, ideally with two bathrooms. Most are also looking for outside space, either a small garden or balcony. The relocation market is busy, with agents looking for three or four bedroom family homes at asking rentals upwards of \u00a31250 per week.<\/p>\n One bedroom apartments remain sought after, particularly with young couples moving to Hampstead from elsewhere in London, keen to put down roots here.\u00a0 Character properties too are in high demand and we have just let several Victorian period cottages in quick succession, all within a few days of going on the market.<\/p>\n In a competitive market, most landlords recognise the importance of presentation and we have several who are currently upgrading their rental properties. Refurbishment <\/a>can boost asking rental by around 10%, and smart, newly-decorated one bedroom apartments are achieving \u00a3400 – \u00a3425 per week.<\/p>\n There is strong rental demand in Hendon and Colindale and, as ever, the Beaufort Park development<\/a> remains extremely popular, with very high levels of enquiries for studios and one bedroom apartments.\u00a0 The Carleton Apartments have just completed and we have been receiving a lot of new instructions here as\u00a0there is very good demand from tenants wishing to live in this brand new building. Many applicants are moving to Beaufort Park from central London, looking for more affordable yet still high quality accommodation and we also receive a lot of enquiries from applicants who have been recommended to us by existing tenants who love living here.<\/p>\nCity, Canary Wharf, Docklands and East London<\/strong><\/h2>\n
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North West London<\/strong><\/h2>\n
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