Facts of Real Estate Business of London

London is the most popular city not only in England but also all around the world. Since time it is the favourite destination of all the real estate investors. As the growing popularity of the City will never end, the demand of places to live will always persist. London is a well planned city which is an obvious attraction for the students, travellers and other people from the very beginning. The real estate is always a matter of concern for both the investors and the clients. Each and every year millions of new people come to the city and settle there. And the real estate agents are always looking for the new comers to the city to sell or rent their property. If you are an investor or a new comer to the city you must know some basic facts regarding the real estate business of London.

If you are looking for a real estate agent to find London apartment for sale then the best part is to look for them online. You will get many first hand reviews regarding the agent on web. From those reviews you will have a clear concept regarding the agent. Another good way to find out an agent is from news paper advertising. Only authentic real estate agents have the licence number which you can check from the advertising. You can also look around the city and search the London apartment for sale on first hand.

If you are ready to invest in real estate business in London, then you must know what the most profitable sector in this industry is. Student accommodation UK is the most hassle free and profitable investment. Every year millions of students come to London to study in some greatest names of educational institutions. Student accommodation UK is not a permanent option for them. So there is no problems like unwilling to shift tenant. Apart from that hotel investment, apartment investment and holiday villa investment are also very profitable and favourite sectors among the real estate agents of UK.  

The most important point both for the clients and the investors is that you must be aware of the fraud. There are many fraud businessmen who can rent or sell you some place in unethical way. So always try to do fair business and check all the papers with a reputed law year of your choice.  

Avoid the Mistake: Do’s and Don’ts to Rent an Apartment in London

London is a centre of attraction for years. Numerous students, workers, tourists and many other people come to this city in search of knowledge, name, fame, honor and money. In a big and congested city like London, it is always difficult to get a proper place to stay. That’s why you always have to be careful before choosing an apartment specially student accommodation UK.

If you are new to this city, then first of all know the city especially its own characteristics. Go through the various advertisement of London apartment for sale and shortlist some of them depending on the location and the budget. You must study and research regarding the place and if possible then the landlord or the broker. Call each of them and fix an appointment to check the apartment. Go over the place by yourself and check all the amenities like power, light, water, kitchen and furniture. Verify the security system very importantly. As the winter of London is very much freezing, ensure that the landlord has the facilities like fireplace, room heater and extra quilt. Before selecting any student accommodation UK please check the following do’s and don’ts.     

Do:

·         See the apartment thoroughly

·         Visit the neighborhood at various times of the day, night & weekend.

·         Read the lease and be sure you understand it.

·         Before you sign the lease, obtain a copy of any rules & regulations.

·         Be sure that the landlord writes into the lease (and signs) any promised repairs.

·         Keep a copy of the lease along with a copy of any additional rules/regulations.

·         Know the rules concerning pets if you plan to have any.

·         Be aware of any maintenance responsibilities if you are renting a house.

·         Know what the penalties are for breaking a lease.

Don’t:

·         Don’t sign a lease for more periods if you are going to rent for shorter periods.

·         Don’t sign a lease without first seeing the apartment.

·         Don’t sign a lease with an automatic renewal clause.

·         Don’t sign a lease that gives the landlord unlimited access without notification unless in the case of an emergency should landlords be permitted to enter your apartment without notifying you first.