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Living In A London House

Living In A Rented London House Can Be An Affordable Alternative To A Mortgage

Living in a London house is many people's ideal location and lifestyle choice, unfortunately property prices mean that most people are unable to achieve the dream of buying their own home in London.

However renting is often a much more affordable and practical option - especially for younger age groups who want to build a career and enjoy the lifestyle that accompanies city living.

There are also a lot of part buy part rent alternatives which ensure that you can actually own some equity in the rented property and give you an option to buy off the property if you can get a mortgage loan to purchase it.

You will also find that the cheapest rent in London is for council property closely followed by housing association properties.

These properties also offer some moratorium towards buying the property after a certain period of living in the property ensuring that you buy property at some of the lowest prices available to the market.

Of course the quality and availability of property will vary and a London house on the edge of a run down housing estate will be much cheaper than a property that is in a newly developed area which possesses scenic views and a natural panorama e.g. a view of the river Thames and which is only a five minute walk from the tube station.

If you are already living or working in London you will have a good idea of the area and public transport links that you are looking for. If you are moving to London from another town or country then you will need to do a bit of research in order to make sure that you end up living in an area that you are happy with.

When you begin to look for a London house you will probably become distracted by the descriptions and photographs of beautiful properties that you may not be able to afford, leaving you disappointed and frustrated.

So it is a good idea to use an internet site such as the Lettings Mall that will allow you to refine your search to include your essential criteria and display properties that are within your budget and in the right location.

You can use price, postcode, number of bedrooms or type of property to help you narrow down your choices.

By concentrating on the important factors it will be easier to identify properties that you would like to view and probably end up living in. Most landlords and lettings agents will describe the best points of the property or properties that they are letting.

If you absolutely need a parking space or a garage then make sure it is in the description and try not to be distracted by the photographs of non essential features or decorations.

A rented London house can be a great place to live if it has the facilities you need and probably more importantly if it is in the right location or in the location of your choice.

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