London renters are on the move and looking for something different. Data from our London Report reveals changes in the audience for London lettings, see the upcoming opportunities for your property to rent.

How old are London renters?

London’s population has shown an interesting trend in the past two years. The number of Londoners aged 40–49-years old has risen 6.4%, becoming the second largest group. The largest group remains 20–29-year-olds as students and young professionals find the opportunities they’re looking for in the big city.

We have noticed the impact of more mature and experienced tenants means landlords are required to be faster and more organised around new legislation and maintenance. We’ve seen an increase in the number of landlords requesting Foxtons Property Management → to keep up. It’s much easier to have a team of legislation experts monitor any government changes to the nearly 150 pieces of legislation that may affect their tenancy, and to trust urgent maintenance to our network of vetted contractors.

What’s next for London tenants?

If you’re looking to make the most of the experience you’ve gained as a landlord and give yourself another strong investment in London property, we have some excellent buy to let options to choose from.

A good investment

Buy to let in a development, and you’ll have an attractive listing with new interiors, appliances and amenities like concierge. You can use Foxtons network of prominent developers to explore the best opportunities coming to the London market. We frequently see developers use incentives like equity from completion, early-bird offers and extended payment terms to encourage buy-to-let purchasing off-plan. Plus, quite a bit of research goes into capital appreciation on these assets.