We are going through troubled times in the residential property market as Buy to Let empires sell off their assets in a stagnant marketplace. Brexit is on the horizon and nobody has any real sense of what will happen to residential property after March 2019. For a long time now London has been supported by an international financial community competing for rental properties around the capital. London’s transport authority TFL have decided to jump in the direction of ‘build to rent’ using their formidable stock of existing land and buildings across the town. They plan to build a substantial number of rental units above underground stations which were certainly be ‘convenient for travel’. More importantly it will give TfL a guaranteed income stream into the future which will enable it to invest in the travel infrastructure . We discuss this move in our latest video report..
Apparently, a number of these proposed rental units will be reserved for ‘affordable housing which represents useful payback to the London commuters. Our Capital is hosting London Fashion Week which is always a stress test for our transport network with industry professional rushing around London for Catwalk Shows and wannabe fashionistas pouring into Oxford Circus and Knightsbridge to buy their Autumn season outfits. We are aware of this increased footfall outside our offices right there on London’s Regent Street and we feel, as always, there at the beating heart of London’s business centre.