London short-term lettings 'on the rise'
Short-term lettings in London are proving to be a popular option for many people.
According to figures from Easyroommate, 21 per cent of all such options in the UK can be found in the capital.
Part of the reason for this is the amount of people who are moving to big cities in order to advance their career and so lettings in London will continue to be sought after.
Jonathan Moore, director of Easyroommate, stated: "A short-term let is a great way for homeowners to boost their income without the long-term commitment usually associated with the average tenancy."
One person observed short-term options can be great for finding a "friendly, affordable environment" to live in.
Recent research from Designs on Property has found average room rents in London are now £130 a week - which may prove to be too expensive for some people - and is higher than any other part of the UK.
Posted by Ben Carter
Published 6th June, 2012
© 2012 Estates IT Limited
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Over one-fifth of UK short-term lettings are in London.