Asking rents jump to record highs in London & around the country

Rental properties are finding tenants faster than ever before, reports Rightmove, as record demand pushes price up.

A rise in the number of properties available to rent combined with a drop in international demand have driven a 7.4% year-on-year decline in average rents in Inner London, says Hamptons.

Demand for rental properties in London has increased by 13% compared to last year, reports Foxtons, while supply has fallen by 16%