Property owners in London earn on the rent of £44,8 billion.

Britain is rapidly becoming a country of tenants. The price of residential property in England and especially the price of residential property in London is growing at such a pace that more and more people refuse or are simply unable to own such expensive assets.

The value of residential property in the UK, which is rented, will reach 1 trillion next year. Already, the cost of rented accommodation is £930,7 billion and according to forecasts, the rental housing sector will increase next year by 13.3% , or 109,5 %.

After his fall in 2009, is now the rental housing sector in the UK is experiencing a boom period. Since 2009, property values in this sector increased by £302,5 billion . The value of the possessions of the landlords are more than three times the current level of 2001, when the value of all real property owned by landlords in the rental sector amounted to £262,1 billion.

The main driver of growth in the rental sector has been the growth in property prices throughout England and the increasing demand from tenants.

Since 2001, the number of homeowners that then there were over two million, rose by 71.4 % and reached a figure of 4.6 million

Residential property in London constitutes a major proportion of the rental market – 41% , or around £377,3 billion . Followed by residential property South-East of England – £137 billion or 15 %.

There is a clear disparity in the share of London in the private rental sector across the UK. In London more than a quarter of families live in rented accommodation in other regions of the UK – around 18% are tenants.

Landlords of London earned £44,8 billion pounds for the 12 months ending June 2014. And throughout the rest of the UK the earnings of the landlords amounted to £2.3 billion, or 5.5 % of their earnings London landlords.

Increases the period of the lease. Every year it becomes more and more families who sign the leases for the long term.

In this regard, the UK tries different methods to encourage investors who buy property with the aim of renting it out. This type of business excellent prospects and there is every reason to believe that the army of £1.4 million homeowners who rent out their property will increase significantly in the coming years and become more professional.

® Alice Morgan. 12.11.2014 g.

Offer for investors. Chelsea

Our advice to investors. New building in Fulham.

Penthouses and apartments in London. Westminster.

Apartment class “Lux” in West London

Real estate investment in London. Dickens Yard

Minster House

Holland Park Avenue

Why buyers from Russia should not fear sanctions