London’s most desired areas for renters revealed

Rents soar in London
Rents in the UK capital outstrip growth in wages.

Data from rental accommodation platform, Spotahome, shows that London Bridge is the most sought after location in the UK capital for mid to long term rentals with more than twice the interest of the next most searched for areas, Camden Town and Shoredicth.

The rental website is predominantly used by renters staying in the UK for at least 30 days and sees a high level of demand from people from Spain, Germany and France in particular.

The CEO of Spotahome, Alejamdro Artacho, commented that, “there is a growing opportunity for landlords to meet mid to long-term rental demand in locations such as Stratford, Ealing and Hammersmith as there is not currently enough rental stock to satisfy the demand in East and West London in particular.”

 

Fill story available from Property Reporter: http://www.propertyreporter.co.uk/property/where-is-the-most-desired-area-in-the-capital-for-renters.html

 

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