Guarantee Rent Scheme | Property bubble drives up prices, forcing families to flee the capital

Guarantee Rent Scheme | Property bubble drives up prices, forcing families to flee the capital

Nestling within the shadow of the defunct Nineteen Thirties leviathan that is Battersea energy station, the 1,200 gleaming glass and metal residences that comprise Chelsea Bridge Wharf in central London couldn't look extra contemporary. Overlooking the Thames, barely a mile from the King's Road, subsequent to a wonderful park, it is an enviable location many thrusting professionals would be completely satisfied to call home.

*guarantee rent scheme from 3Let*

However living at such an tackle carries a hefty worth tag. A one-bedroom 463 sq ft (forty three sq m) residence with a small balcony is yours for half a million pounds. Yours, that's, should you move quickly. Such properties tend not to hold around for long, as few come on to the market.

Unlike other schemes for guaranteed rent, we also guarantee you a no void period and we also provide our property management services to you completely free of charge. With our rent guarantee scheme there are no commission fees, no admin fees and no management fees to pay.


Agents estimate that about 60% of homes within the improvement have been bought by overseas buyers when they came on to the market a number of years ago. Of those that went to international consumers, three quarters have been purchased as investments to be rented out.

In the loopy world of London property prices, paying more than £1,000 a sq. foot barely raises an eyebrow. London's residential property market is booming and costs are now means above where they were before Northern Rock imploded in 2008. It might't proceed, say the doom-mongers. Sure it may possibly, reply the bulls.

*guarantee rent scheme call 3Let on 020 8694 8098*

The growth - some say the "bubble" - has created its personal citadel. Estate brokers speak enthusiastically about "PCL" - prime central London - those parts of the capital where properties normally promote for more than £1m. Prices on this area are now 18% above the place they have been earlier than the 2008 pre-crash peak. Consumers are falling over themselves to snap up properties. Viewings in prime central London are up by 15% in contrast with the earlier year. The variety of properties offered has elevated by more than eight%.

Already in one borough, Kensington and Chelsea, the typical price of a home is now above £1m. A number of different boroughs, including Hammersmith and Fulham, Westminster and Camden, are usually not far behind. Figures from the Office for Nationwide Statistics, out this week, are expected to substantiate that prices proceed to rise steadily.

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3Let allows you to guarantee your rent for a term of 1 to 5 years. Contact Guarantee Rent Scheme today on 020 8694 8098 to find out more.