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Thursday, April 26, 2012

Surge in demand from London landlords

Typical London landlords
The capital city has always attracted a large number of landlords and the greatest proportion of applications received by Property Hawk Mortgages was for properties in London. This comes as no surprise as it has the largest population of any city in the UK.

However, in the last quarter the percentage of applications received for properties in London increased significantly to 23%, compared with around 14% in the previous two quarters.

This surge of interest suggests a growing confidence among buy-to-let investors in London and underlines the strong tenant demand and rental yields in parts of the capital.

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