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    The 'urban revival' rental hotspots revealed

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    작성자 Audrey
    댓글 댓글 0건   조회Hit 2회   작성일Date 25-02-02 19:09

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    Renters looking for slot gacor homes with good connectivity are driving up rents, research has suggested. Hotspots in London include Wandsworth, Clapham and Battersea, slot mahjong pragmatic play and outside of the capital the list includes Edinburgh, Reading, and Manchester. Prices have continued to rise in these areas where there is a lack of available properties to rent, combined with a so-called post-pandemic 'urban revival' spurred by workers returning to the office.  This is when tenants seek homes in towns and cities with good 'connectivity', according to data by Savills estate agents.

    It is a reversal of the 'race for space' trend that was seen during the pandemic following several lockdowns when people looked for homes outside of cities with gardens.  Savills has identified some affluent areas outside of London where rents have risen the most Away from London, rents accelerated most in regional towns and woke.id cities, up 4.4 per cent on the quarter and 8.6 per cent on the year. Overall, regional rents grew 2.5 per cent in the three months between April and June this year, compared with 1 per cent the previous quarter.

    It means annual rental growth increased to 5.3 per cent, up from 5 per cent in the first three months of this year. All the areas selected for analysis by Savills are where it has a branch. In both the capital and in affluent regional locations, a lack of stock continues to drive up rents Savills expects smaller properties to see the strongest rental growth due to demand from needs-based tenants and as students return to university towns.

    The biggest quarterly increases in regional locations included Edinburgh, where rents increased 5.9 per cent, Birmingham at 5.6 per cent, Reading at 4.1 per cent and Manchester at 4 per cent. Jessica Tomlinson, of Savills, said: 'Many tenants are now prioritising connectivity over space, reversing the trend that dominated the pandemic property market. 'In these locations the smallest properties - one or two-beds - are seeing the highest rental growth, a trend we expect to see continue over the coming months, particularly as students return to university towns.' Meanwhile, in some of the most expensive areas of London, rental growth has begun to slow on an annual basis.

    However, similar to the rest of the country, a lack of stock continues to drive up rents, particularly in the south-west and west of the capital, and among smaller properties. Savills said rents grew by 1.4 per cent in the second quarter - which is similar to the first three months of the year - by 6.7 per cent annually, slot mahjong pragmatic play and are 15.9 per cent higher than at the beginning of the pandemic in March 2020. RELATED ARTICLES Previous 1 Next Do you need a Garden Rescue?

    Top tips if you want to hire a... George Orwell's favourite pub is now a Grade II listed... Walk in the park! Top must haves for homebuyers now are to... Do you live in a burglary hotspot? More than 500 homes... Share this article Share 57 shares The south-west London hotspots include Wandsworth, where rents rose 6.

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