London’s average rent has fallen 1.3% in the last year
But 'the pace of decline has stabilised' across the UK, reports Hamptons in its latest lettings index.
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Inner London rents have fallen 4.6% in the last year – Hamptons
Hamptons has used this month's rental index to analyse the effects of policy interventions on pricing - concluding that 'rent controls rarely work as intended.'
Central London rents have risen 6.7% in the last year – Hamptons
Estate agency suggests new Renters' Rights rules 'are already adding to upward pressure on rents.'
House price growth slowed in October, with London values down 2.4% on the year – UK HPI
'This October data captures the fridge rather than the freezer stage of the pre-Budget chill,' comments one top buying agent.
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