West Hampstead letting agents forecasts growth in NW6 lettings market
West Hampstead letting agents, Paramount Properties, anticipate even stronger
demand for good quality West Hampstead property rentals in the near future.
New figures from the Association of Residential Letting Agents reveal that one in five buy-to-let investors intends to sell some or all of their properties over the coming year, a 31 per cent increase on three months ago. Property repossessions are at a 10-year high and the withdrawal of mortgages over 75 per cent for first-time buyers means many wannabe homeowners will be forced to rent.
Says Paramount's lettings director from their prestigious West Hampstead estate agents offices in West End Lane, Spencer Lawrence: "We are experiencing a surge in corporate enquiries for exclusive houses and apartments this year as young European and American professionals and their families continue to move into the area.
'The Jubilee line is a huge pull for these overseas professionals. It’s unique in providing access to Canary Wharf, the City, the West End, and the rest of North West London. Education is vital to these families and Hampstead and St John's Wood have some of the best international schools in London. West Hampstead offers plenty of independent shops and has a cosmopolitan feel.'
Belsize Park, Brondesbury, Childs Hill, Cricklewood, Fortune Green, Hampstead, Hampstead Village, Hocroft Estate, Little Venice, Kensal Rise, Kilburn, Maida Vale, Mapesbury Estate, Queens Park, St. John's Wood, South Hampstead, Swiss Cottage, West Hampstead, Willesden Green
"We are letting properties almost as soon as they become available, and so would advise anyone considering buying a property to let, or thinking about renting out a property they already own, that now is a fantastic time to do so. We are receiving enquiries for all types of quality properties for rent in all areas of North West London. The rent is virtually guaranteed especially when paid by a company. Indeed large companies often pay quarterly in advance generating good cash flow for landlords."
Whilst Spencer believes there are many excellent opportunities available for landlords considering investing in West Hampstead, he stresses how important it is for landlords to seek expert advice from an independent specialist in order to make the most from their investment: "An experienced letting agents such as ourselves who knows the local market inside-out can help landlords make the best decision when choosing a property to let," he said.
"Our ARLA-qualified lettings agency staff give expert advice - free of charge - on everything you need to know: from what and where to buy in West Hampstead and which properties to avoid, to what features are most in demand by corporate tenants, and how to obtain the best rental value for your property."
Paramount Properties are offering landlords in West Hampstead special rates for a limited period. For more information about this - or for a free rental appraisal - please contact Spencer Lawrence on 020 7372 0202 or email info@paramount-properties.co.uk
Hands on Property Management 24 Hours a Day
Boilers tend not to break down on a nine to five basis. They wait until
the middle of the coldest night of the year. Window locks don’t just
break when the High Street locksmith is available. They wait until their
owner or tenant is about to leave for long weekend in Prague. Breakdowns
and breakages don’t happen nine to five and so Paramount’s lettings
and property management team doesn’t just happen nine to five either.
Running a professional property management business for professional landlords
and professional tenants is a 24-hour a day responsibility, 365 days a year.
Once a property is let it is only the beginning of the story and the obligations
of a landlord must be executed in the most efficient way possible. Although
good professional tenants are hard to find they are often be quite demanding.
They are looking for trouble free occupation in return for their hard earned
cash.
We not only value our tenants but also our landlords. We provide a property
lettings and management service that is second to none in West Hampstead,
ensuring their properties are maintained to the highest standard by arranging
independent check in and check out reports to identifying dilapidations.
We also ensure rents are collected efficiently and on time by direct debits
and licensed pdq machine and providing monthly statements confirm all income
and expenditure.
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Here’s what some of our tenants say:
“Could you please forward my gratitude to your plumber who arrived
at my property at 10.am on Christmas day and fixed my boiler and saved the
day as l had a full house with twelve for dinner.”
“Thank you for your swift response, l look forward to coming home to
a warm flat.“
“It has been a real pleasure dealing with Paramount lettings agents.
The professionalism they have show during and on completion of my tenancy
has been superb, l look forward to renting from you again on my return from
Australia.”
West Hampstead Estate and Letting Agent
150 WEST END LANE
WEST HAMPSTEAD, LONDON, NW6 1SD
Tel: 020 7644 2332 Fax: 020 7372 2712
e-mail: info@paramount-properties.co.uk
http://www.paramount-properties.co.uk
http://west-hampstead-estate-agents.blogspot.com/
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