Average asking rents are now a third higher than before than pandemic – Rightmove
"Despite quickly rising prices, rental homes are continuing to let at speed and many landlords are still being met with long queues of prospective tenants wanting to view and rent their property," says Rightmove.
Average rents have climbed 9.4% in the last year, and ‘pressures seem likely to continue in the medium term’
Rents are rising across all GB regions, says Hamptons, although the pace of growth has cooled in Greater London and Scotland.
Prime global rents climb to record highs, but the pace of growth is easing
Singapore and London have seen the biggest prime rental price increases over the last year, according to Knight Frank's latest city index.
Average rents have increased by 7.4% in the last year
But the total amount of rent paid by tenants across Great Britain has fallen 8% since 2018, says Hamptons.
Most read
JLL opens new west London office
Firm responds to 'growing demand' for its services in & around Kew, Chiswick, Brentford & Acton.
In Pictures: Pawson-designed ‘masterpiece’ up for sale in Mayfair
Minimalist 1987 creation was designed by the acclaimed architect for the renowned art collector Doris Lockhart Saatchi.
Fast-growing luxury agency recruits two new lettings directors
United Kingdom Sotheby’s International Realty continues expansion, bringing in PCL specialists Minnie Stainrod & Olivia McSweeney.
The Buying Solution names new chief
Will Watson takes the reins at the top-flight property buying agency.
London Square picks up prime Vauxhall development site
Resi developer continues its acquisition spree in central London.
City law firm names new Head of Residential Property
Super-prime specialist Parveen Abbas has stepped up to lead the 257-year-old practice's resi real estate division.
Savills & Fuller Gilbert serve up £18mn mansion in Wimbledon
High-spec specimen on Parkside is 'one of the most prestigious houses to come to the market in recent years'
‘Iconic’ freehold block hits the market in Belgravia
'Exceptionally rare' proposition on Eaton Place is expected to attract global interest.
Super-prime London agency takes on PR support to marshal Netflix fame
Alex Bourne's London House will feature alongside DDRE in 'Buying London', which airs on Netflix from 22nd May.
Luxury design firm targets ‘next gen wealth’ with new sister-brand
New offering from Taylor Howes is aimed at developers & private clients seeking a 'quick turnaround and affordability'.
LATEST ARTICLES
Sales hit £1.2bn at Chelsea Barracks
Developer Qatari Diar is rolling out the next phase of the flagship PCL scheme.
AI in Architecture: Understanding the impact & capabilities
In the first of a new series, Andrew Paulson explains how tech's new frontier could transform the traditional processes of architectural design, planning & construction.
Tanya Hasking: Debunking misconceptions around short lets
John D Wood & Co.'s lettings chief busts some myths and talks up the benefits of short-term rental agreements for both landlords and tenants...
Savills Ireland bolsters resi & country homes division with two new hires
Rose Lyle has returned to Savills Ireland after 12 years in the Prime Central London property arena.
Super-prime London agency takes on PR support to marshal Netflix fame
Alex Bourne's London House will feature alongside DDRE in 'Buying London', which airs on Netflix from 22nd May.