Atkinson McLeod - June 2012 Newsletter
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Atkinson McLeod - June 2012 Newsletter

Want to live close to a tube or train station? Then expect to pay a pretty hefty premium. That’s the verdict of new London-specific research issued by Nationwide Building Society, which we look at in our first article this month. Our second feature focuses on yet more research, this time by property portal, Rightmove. It reveals the percentage of take-home pay that tenants in the capital are spending on their rents. Suffice to say it’s pretty darn high. But while the very mention of high rents can make landlords slobber like Pavlovian dogs, with the economy back in recession and more tenants struggling financially, landlords should avoid being over-zealous on rent. Finally, we look at how house prices have fared in some of the boroughs of London that Atkinson McLeod operates in. You’ll be pleased to hear that prices in the vast, vast majority of London boroughs have risen over the past year — and that overall London prices rose by a massive 5.1% in April alone. As ever, if you’ve got any questions or feedback, please call us or drop us a line. Alternatively, just drop into your local branch of Atkinson McLeod. Best regards, Giles Atkinson and Dan McLeod

Tube Proximity Means A Premium

Tenants And Take-home Pay

London Borough Breakdown

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