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    How Remote Work Is Reshaping Rental Demand in Putney, Richmond & Beyond

    7 months ago
     How Remote Work Is Reshaping Rental Demand in Putney, Richmond & Beyond

    Urban Rental Demand: A Slowdown in London

    Fewer tenants are prioritising city living now that daily commutes are less essential. As a result, smaller flats with limited outdoor space are less in demand.

    Rental prices in London have stabilised, with only a 1.3% increase in the past year far below the growth seen in other areas.*

    Who still prefers urban rentals?

    • Professionals with hybrid schedules needing occasional office access.
    • Those who prioritise nightlife, dining, and cultural attractions over space.

    Suburban Surge: Why Areas Like Putney & Richmond Are in Demand

    More space, same great connections
    Tenants are flocking to Putney, East Sheen, Richmond, and Barnes, where they can enjoy:
    ✅ Larger living spaces & home offices
    ✅ Access to green spaces & the River Thames
    ✅ Excellent transport links for occasional commutes

     Rents in high demand suburban areas are rising. Nationwide, suburban rental growth has outpaced cities, with some areas seeing 8-10% annual increases due to higher demand.*

    Why are tenants making the move?

    • Flexible working allows them to prioritise lifestyle over commute time.
    • They get better value for money compared to central London flats.

    What This Means for Tenants 

    Consider suburban areas before rents rise further.

    Factor in hybrid work needs occasional commutes still matter.

    Act fast! High quality suburban rentals are being snapped up quickly.


    Final Thoughts: Where Should You Rent?

    If you're looking for more space, greenery, and a strong local community, areas like Putney, Richmond, East Sheen, and Barnes are proving to be top choices for remote workers.

    📞 Looking for expert advice on your next move? Get in touch with James Anderson today.

     

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