South London is on the Rise
Posted by Foxtons New Homes on 9th May 2022 -
According to Foxtons Business Analytics, rental demand for the south region of London was 48% higher in Q1 of 2022 vs Q1 of 2021.
Certain areas south of the river – like Putney, Wandsworth, Clapham and Wimbledon – have historically been popular with renters as the best of both worlds with lively local social scenes and great transport links. The ideal south London flat is cheaper to rent than popular central locations, part of an exciting local community and well-connected for a commute into the city. Because demand has been high all over the Capital (there were 19 renter applications for every property listed in March), it’s no surprise we're seeing a surge in rental demand here, but the extent is surprising. The south region had an incredible 30 renters per property listing in March.
How do renters find their ideal South London property? We have some tips from Foxtons Area Director, Gareth Atkins in Moving London: Let’s find you a rental. One of his suggestions is to expand your property search – our 10 Cheapest Areas to Rent in 2022 blog may come in handy here.
If you’re considering a move near Putney, our guest blog from DesignMyNight highlighting some of the many benefits of Fulham - just over Putney Bridge.
If you want to start your search, register your interest to get ahead of the queue for upcoming rental properties.