As the temperatures are heating up, so is the rental market in the capital with many international students looking to beat the autumn rush.
Preferred properties by most students keen to secure a home now rather than later in the year, are one- or two-bedroom furnshed flats, according to estate agent Napier Watt.
The current buzz is giving a strong start to the summer rental season.
Landlords can benefit from letting to students from abroad, even though many are put off by potential risks.
Jonathan Adams, director of Napier Watt comments:
“Some landlords are wary of letting to students but they shouldn’t be. Students often get an unfair press for being rowdy and excessive partying but there are many real and distinct advantages of letting to them. Firstly, on the whole they tend not to be badly behaved. Secondly, in central London they tend to be overseas students, and will typically pay their rent half yearly in advance and occasionally, annually in advance. They often pay a deposit equal to eight weeks’ rent on top. This gives the landlord great cash flow and additional security, while the tenants are locked in for the year.”
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