Rental Property in London
Whether you’re looking for a house to rent in London or a flat to rent in London, you’ve come to the right place. London Property Finders can help you find your ideal rental property in the quickest time at the least possible price. We thrive on finding rental properties quickly, thus save you time. We negotiate on your behalf and focus on securing the property at the least possible rent, thus saving you money. We’ve been in property in London for many years and can advise you on the pros and cons of the different areas thus helping you chose the right area.
Below is a brief guide to renting in London. Send us details of what you are looking for and we will get back to you.
Why rent in London.
There are many reasons people rent flats and houses in London.
Short Term Solution -
Renting in London is quick and provides an easy short term “fill in” before you decide to buy. It gives you a great opportunity to get to know an area before you commit to buying. You can flavour the transport system and discover how long it takes to get to work, the city centre, friends and other places further afield.
Short Stay -
If you expect to be in London for, say, six to twelve months, then, unless you are very lucky, it will probably be cheaper to rent. Much longer than that and you start to eat into monies you could have spent on purchasing your own place and benefiting from any capital appreciation that would have had.
Superb Location -
Often you can rent a property for far less money than it would have cost to purchase it. This gives you a fantastic opportunity to live in an area you may not be able to afford to buy in. Renting an apartment in Mayfair or Chelsea might cost £900 per week to rent when it could cost up to £1million to buy it.
No Maintenance -
When you rent in London you are not expected to do and maintenance or updating to the property. The landlord does this.
Studying in London -
You may find it more flexible to rent whilst studying in London. You have more freedom to move around, as you’re not tied to one place.
How to rent an apartment in London.
Firstly you must choose an area. This is generally lead by where you will be working, studying or socialising with friends. If you use the public transport system it’s important to make your commuting time as short as possible. Most people dislike being stuck underground on a tube (subway) for a long time and the buses can be quiet slow. Ideally you should chose an area which is as close as possible to where you need to go and is the best area you can afford with your budget. The types of properties that are available in London don’t change that much from area to area. For some people security is the next most important thing. Ideally you should chose somewhere off the ground floor otherwise you will feel too vunerable. Go for a first floor or second floor walk up apartment (Don’t forget, first floor in London is the floor ABOVE the ground floor. It’s known as the second floor in many other countries!!). Any higher than this and you will really need a lift unless you’re super fit! However, if you have to have outside space, you’ll probably have to live on the ground floor or lower ground floor where the majority of gardens and patios are. Only a handful of apartments in central London have terraces or roof gardens above ground floor. Your budget will generally be the deciding factor in how many bedrooms you have. Roughly speaking, the more bedrooms the higher the rent with the first and seconds one costing the most.
Once you’ve decided on area, size and budget the next thing is to find the right one – easier said than done. The majority (probably 90%) of rental property in London is offered via Estate Agents (Realtors) or Letting agents. Remember that these agents act for the Landlord and not you. They have no obligation to you other than to sign you up as a tenant for their Landlords properties. The Letting agent is bound by law to get the best possible rent for their Landlord. We at London Property Finders act for you, the tenant and as such, act in your best interest to source the most suitable property at the least possible rent. Send us your requirements and we’ll get back to you.
Letting Agents sometimes charge a holding fee along with an administration fee on any lets they do. This will be on top of the deposit you pay along with the rent. If you are staying in London for longer than six months then you will be signing an Assured Shorthold Tenancy agreement. If it’s for less than six months then it will probably be a Short Let Rental Agreement. Your deposit will generally be held under the Tenancy Deposit Scheme . This is a scheme run under UK Government guidelines by agents to protect tenants deposits. It gives you a better chance of getting your deposit back quickly and where there is a dispute it is dealt with by an independent company. It’s important you deal with a reputable agent when searching for a property to rent in London. Letting agents have had an awful name in the past, running off with tenants deposits and charging exorbitant fees. Make sure your agent is a member of ARLA. London Property Finders is dedicated to finding your ideal property at the least possible rent. Send us your details and we’ll get back to you to discuss your property in London.
For examples of London Rental Flats
For examples of London House Rental
Good Luck with your search.
