Although Brexit has caused many individuals in the British real estate market to become doubtful about the market’s future, those who own property should not give into panic. Although dire predictions were made initially, it appears as if they were a bit premature, as some markets on the outskirts of London have essentially stabilised. Even though depressed property values continue to plague London, it can make all the difference in the world to team up with a suitable real estate agent so that one need not lose money at a closing or settle for a transaction that will bring less than favourable results.
Jeremy James and Company has the knowledge and experience needed to guarantee you obtain the best value for your money. Our agents specialise in both commercial and residential rental properties in the Central London Marylebone area. We have over 30 years of experience, making us Marylebone experts with regard to selling, buying and negotiating leases for properties of all kinds. For this reason, you should let us put our qualifications to work for you.
A Silver Lining Really Does Exist
Although it is correct that Central London is still experiencing depressed prices, it is important to understand what that means for your prospects. Property Wire reports that rents in Marylebone have fallen by 9.9%, as of September, 2016. Even though this information may at first be alarming, it can actually be made to work to your advantage. For example, if you have vacant properties, lower letting prices can draw new renters to your commercial or residential properties.
In certain cases, prospective tenants shy away from renting a commercial space or flat in one of Central London’s more exclusive sections. You can use this to your advantage by offering lower letting prices, which will draw more renters to your property. Once the market has rebounded, these tenants may find they have fallen in love with the location and will continue to rent from you. Because of our experience, we know where to go to find such tenants and how to attract those who have previously hedged when considering letting a Marylebone property. Ultimately, this means you have the opportunity to fill vacant properties and boost your income rather than allowing them to remain empty.
Shifting the Focus
Millenials are another demographic to consider, and many men and women in this category currently consider themselves lifetime renters. By accurately portraying the advantages of property rental in Central London Marylebone area, you can draw individuals from this demographic to your properties, and thus secure steady rent for many future years.
Jeremy James and Company Can Help You Reach Your Goals
Since 1981, our company has helped thousands of clients sell, buy and let real estate. Our experience and knowledge have taught us how to manage market downturns and actually use them to benefit our clients. We have a broad range of knowledge concerning the Central London area, and use time-tested methods to help you acquire the best value for your properties.
Initially, a solid marketing plan is developed for your properties, involving the use of proper marketing materials created by professional photographers. Suitable portals are also used, such as Prime Location, Zoopla, Lonres and Rightmove to market your property. In addition, we use web publications and relevant print ads.
However, all of this is of little or no help unless your leases are properly negotiated and your properties priced appropriately. Jeremy James and Company is your advocate for both these tasks. Reach out to us today for additional information on the various ways we can assist you to let your properties in a timely manner.