Nick Millican Has Offered Up Some Insight Into the Most Affordable Corners of London for Renters
Seasoned real estate professional Nick Millican is based out of the London area of the UK. During his career, he has enjoyed success in areas that include asset development and investment management and has established a reputation as a leader who consistently achieves success in his endeavors.
As a leading expert in the field of real estate, Nick Millican routinely weighs in on the current state of the market. He recently provided insight into the rental market in London and commented on which areas within the city offer the lowest prices for tenants. This is valuable information for prospective renters to know and the professional is aware and dedicated to well informed customers.
Up to now, they are to know this specially given the fact that current statistics indicate the prices in the UK, overall its capital city are around twice the country’s overall average. According to Nick Millican, though current rental property statistics clearly show that costs are rapidly increasing for potential tenants, there are a few areas within London that have stayed within the affordable range.
Overall, tenants living in the city are currently giving close to 40 percent of their income to landlords. Housing expert Nick Millican´s unwavering dedication to excellence and boundless excitement for the real estate industry have been consistent themes throughout his professional life and he truly cares about this concern (Crunchbase).
The business leader and investment expert Nick Millican points out that those who wish to take a lesser hit to their income should consider looking for rental properties in areas such as Croydon, Harrow/Hillingdon, Redbridge/Waltham Forest, Bexley/Greenwich, and Barking/Dagenham/Havering. Real estate professionals like him have noted that a large number of potential renters are looking to get away from centrally located areas. They are instead seeking properties in the southern part of the city where they can find options that do not cause as large a hit to them financially.