London Bridge most searched area amongst renters

Jessica Nangle

October 4, 2017

London Bridge is the most searched area for mid to long-term rentals in London, data from rental accommodation platform Spotahome has found.

Spotahome is predominantly used by renters moving to the UK for a minimum of 30 days, and its research found that London sees a high level of demand from those in France, Spain and Germany.

Alejandro Artacho, chief executive of Spotahome, said: “The demand for property in key locations around London remains high and growing, and in places such as London Bridge it is unlikely that this will fall.

Homeownership isn’t the be-all and end-all

“There is a growing opportunity for landlords to meet mid to long-term rental demand in locations such as Stratford, Ealing and Hammersmith as there is not currently enough rental stock to satisfy the demand in East and West London in particular.

“Unfortunately homeowners across Greater London are yet to wake up to the earning potential of their spare rooms, which results in ‘black holes’ across London where demand for accommodation far outstrips supply.”

The next most searched for areas are Camden Town and Shoreditch.

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