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News Archive for February - 2019

Airbnb and Short term demand in Hackney

Airbnb is often held up as a poster child for the gig economy but it has become a disruptor in the London property market too. The demand for short term lets in areas such as Hackney has increased significantly, resulting in a boom in listings on sites like Airbnb. Overall, Airbnb listings in London rose from 18,436 in 2015 to 74,153 in 2018. The Borough of Hackney alone saw an increase of 154%. So, what does this mean for the London ...

How to secure a tenant quickly in a tenants market. Supply Vs Demand

Finding London tenants, quickly

Being proactive is crucial. In a tenant's market, there is more leverage for those looking for properties than those who are letting. So, the emphasis is on landlords to be proactive. That means responding swiftly to contact requests, providing information and arranging viewings quickly, and being able to process all the key stages involved (e.g. referencing and producing ...

Reposit - Storeys now offer a deposit replacement for tenants

Security deposits are an essential part of the renting process. But they can be tough to find and may represent an obstacle for tenants who don't have lots of financial resources. That's why Storeys is offering a deposit replacement scheme that is designed to make it easier to get a foot in the door of your ideal rental home - Reposit.

Tenants and security deposits

The security deposit has been a pain ...

Furnished Vs Unfurnished

London's rentals market is booming right now. It's a great time to be a landlord for those who understand how to optimise the investment of London rentals. The furnished vs. unfurnished debate has a central part to play in this - where do tenant preferences lie in terms of furniture and, if you're going to furnish a property, how do you spend to get the best results?

What do tenants really want?

This ...