London property sold out

An Irish based property management company is planning to expand and buy properties in London for this purpose. Demand for rental properties is increasing as rents are rising. The company founded in 2003, is completely managed and owned by the people of Irish. Simon McDonnell, John Walsh and Jean- Paul Van the directors of the company own 100 percent of its shares.

Findlay concentrates in managing properties in central London for non resident landlords. The service includes finding buy to let properties, property management and renovating properties. He now manages 120 properties and wishes to expand and offer its service to the Irish based team. The property company is also looking for new clients from South East Asia who wants to invest in a property in central London. One of the directors Mr. McDonnell feels that despite the gloom and depression things will improve substantially in this year.

The company has had many enquiries for re investing and re entering the property market in London. Findlay’s clients range from one property holders to multiple property holders. Most people look for property in east central London because of its strong capital growth, good communication and transport links. Demand for rental property is very strong in London. Residential rents did very well towards the end of 2009. The residential Landlords Association reported an increase by 0.7% in December which brought in an average of £1,651 as rent. The demand for residential property is more than commercial ones. But from the starting of this year even commercial properties are in demand and many companies from outside are wanting to invest here as he market looks good and prospective.