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Letting agents are seeing booming demand for rental property as first time buyers and foreign workers defer buying homes amid continued uncertainty over UK house prices. Letting agents around London and the south east in particular are seeing up to 25% more activity in their letting business compared with a year ago. Much of this rental demand is coming from young professionals and City workers who are not prepared to gamble and buy property in a weak housing market. The result of this ...
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OFFER LETTER It is common practice to submit an offer letter to the Landlord, explaining your opinions on rent and other requirements. Both parties should sign the offer letter to confirm a verbal agreement. Once the offer letter is signed, the Tenant can decide to rent according to the terms stated, or look for additional options. After both parties agree the terms, a lease tenancy agreement is drafted. THE LEASE The lease agreement should include the names of each party, the landlord's ...
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Leasing Conditions Most properties are leased out in good decorative condition, furnished, and often but not always provided with appliances which may include cookers, refrigerators, washing and drying machines, dishwashers and air-conditioners, but excluding soft furnishings such as carpets. Except for serviced apartments, there are far fewer furnished apartments available, and these few are usually smaller units with only one or two bedrooms. Air-conditioners are essential for comfortable ...
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