Lettings

'The government needs to step away from the [private rented] sector being a political football and focus on supply and how they can create policies that will improve supply,' says Winkworth boss.

Estate agency maintains property price forecasts for the year ahead, but cuts its outlook for Prime Central London rental prices.

'Renters may need to change tactics in the coming year, setting aside more time for their property search and preparing to move fast when they see something they like,' says Foxtons.

Chestertons reports a big improvement in rental supply in the capital, with more choice encouraging more tenants to move home.

Rental prices continue to escalate across the country, reports Hamptons.

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January's RICS UK Residential Survey show the most widespread property market decline since 2009.

City of London, Kensington & Chelsea, and Richmond have the highest proportion of landlords to general population in the country.

Prime rental values increased by an average of 5.9% across the 30 cities tracked in the Savills Prime Residential World Cities Index in 2022, while capital values increased by an average of 3.

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Newly-agreed rental prices in prime London jumped 19% in 2022, says a specialist buy-to-let buying agency, while renewal prices surged 7.4% in Q4.

Stock levels are picking up and tenants are starting to shop around, reports Knight Frank