If You Own 1 Bedroom Flats To Rent in London Then Your Future Is Secure!
Buying a home in London definitely calls for a party. Buying a home in London is a big thing and depends strictly on your budget. London is one of the most expensive cities all around the world. And inflation in London has been continuously rising. People who would have set aside money in order to buy a 2 bed room flat in London unfortunately have to now be happy only with a 1 bed room flat in London. However regard yourself lucky if you are a proud owner of a property in London.
As however small may be the size of a property in London it is bound to rise in the coming future. There is more than one reason for it. Firstly London is known as the financial capital of the world and invites hundreds of people from all parts of the world in order to work. These people eventually need a place to accommodate. Because of an outpour of people to London the rise in demand for houses specially 1 bedroom flat to rent in London has increased. Therefore if you an owner of a house then it’s an up surging market.
Many people who were waiting for the prices to fall due to the slump in the market are left disappointed. Even the recent recession has not brought about a downfall in the prices of the market rate of the properties. Another reason for why 1 Bedroom Flats to Rent in London is at its all time high is because a large number of university students who come to London for higher education. They preferably like to rent a 1 bed room apartments as it suit them best and is also in their budget. By availing a 1 bed room apartment they not only are able to balance their expenditure but also enjoy privacy at no extra cost.
London is a great place to own a property. According to a survey it has been found that property prices in London increase as much as 10 times as compared to any mediocre city. It is true that you can afford to buy 1 small to mid size house in London whereas you can buy 2 lavish houses elsewhere. If you are smart and looking for investment you would definitely opt for a small to mid size house in London than a lavish bungalow in a city where in appreciation is not seen. In fact many people who just aim for a investment often prefer two 1 bedroom flat to rent in London instead of 1 3-4 bed room lavish apartment. The reason behind this is that as far as the rental market is concerned a 1 bed room apartment sells like hot cakes and is easier to take care of and maintain it.
It has been seen that many youngster who are studying in university tend to work extra hours and build up a fund which is enough to pay the down payment amount and take the procession and slowly keep on paying the mortgagee. The reason behind this is that the mortgage which they pay every month is lesser than the rent they would have to pay if they were not living in their own house.
For more information and details on 1 bedroom flat to rent in London, you can visit at http://www.instyleapartments.co.uk/
Processing your request, Please wait....
