Students dominating tenancy starts in central London
Research from London Central Portfolio shows that students made up a staggering 41% of tenancy starts in the last 12 months. Students are outbidding the corporate sector for properties, paying an average of £600 a week for a flat. The demand can be partly attributed to students from wealthy, foreign families who can often afford to pay a year upfront.
Full story available from Mortgage Introducer: http://www.