Welcome to the Glentree Rental business

Generally, we have found that there is a significant shortage of properties to rent up to £1,500/week, in the northwest London area.  Some buy-to-let Landlords have chosen to sell up their investments having become victims of the changes to fiscal legislation and additional finance costs for this sector, over the years.

They are understandably concerned about possible changes to tenants’ rights, which could be announced in the autumn Budget 2024 and this for them would be ‘the last nail in the coffin.’

Governments will never learn that however noble their socially minded intentions are to protect the vulnerable, by interfering further with the legislation of the lettings market, they could inadvertently exacerbate the shortage of supply, which will send rental values northwards and will be the antithesis of their intent.

As a result, values have risen significantly over the past year and will continue to do so as long as the supply of properties to let, remains constrained. 

The ‘uber rental market’ has been quite active over the past few years, since international tenants studiously avoid paying stamp duty by renting their property, instead of buying them and perversely, in doing so, the government unintentionally, pays their rent for 4/5 years. In addition, they keep their capital outside the country and as such, do not need to worry about changes to UK fiscal legislation.

We are proud to disclose that Glentree Rentals carries out most of the significant landmark transactions in your area and recently have achieved eyewatering values in excess of £35,000/week, and in some cases, tenants have paid two years in advance.

Some of our senior-aged clients, having sold their larger family homes in the area, are choosing to rent on a long-term basis rather than to buy.  They can then use their realised cash to sustain their lifestyle and help their families with a leg-up on the property ladder, whilst at the same time being able to circumnavigate any draconian measures that may be in store for them, by changes to inheritance tax.