Ariston Property Blog

Unlike most other student based cities London is the exception in the fact that students are not locked into their contracts early. I study at the University of Southampton. Southampton being the student-dominated city it is; the search for a property for the next academic year starts in November and most of the good properties go by February. This forces students, and Fresher’s especially, to seek a property and housemates right as the start of the academic year, whilst Fresher’s are establishing who their friends are. Also, it forces students to pay full summer rent though are not in the property during the break due to the high demand for properties.  But London being the bustling city it is this problem doesn’t occur.

Leading university professors, Paul Cheshire of London School of Economics and David Miles of Imperial College London are forewarning the possibility another property market crash. Professor Paul Cheshire warned The Daily Mail of a 40% plunge similar to that of 1989, where the value of properties dropped into negative equity meaning that the mortgages on them became more than the properties were worth.  

The Queen's Speach raised some concerns through the estate agents as there will be a considerable amount that they will loose if the bill comes in place. What will be the outcome of The Draft Tenancy Bill nad how will this potential problems be overcome? Only time will tell...

Tenancy 101: Ariston Property’s Survival Guide for New Tenants

What should tenants be aware of when they move in or out a property. 

Trying to snapshot rents across an area, or even within a street or two, can be  something of a fool’s errand.