Central London rental demand ‘dips’ as Chinese students stay away

Views

“Inquiry levels are strong but not as high as we’ve seen over the last two summers,” said David Mumby, head of prime central London lettings at Knight Frank. “As supply increases, the frenetic rush for stock we have seen in previous years has calmed down.”

Written by

Tom Bill

Head of UK Residential Research at Knight Frank

Tom Bill is Head of UK Residential Research, producing reports that include Knight Frank’s flagship Prime Central London indices, the Super Prime London Insight and the London Residential Review. He has written detailed reports on London sub-markets and contributes to The Wealth Report and Global Cities report. Tom, a former Bloomberg and Reuters property journalist, is a regular media contributor on the London property market and has presented at events in Europe and the Middle East.

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Views

'It won’t become a tenants’ market any time soon,' writes Knight Frank's Tom Bill, as the firm's latest PCL index tells of continued double-digit rental growth.
News

'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.
News

'2022 has been a record-breaking year for rental growth,' says Hamptons. 'But even so, rents have failed to keep pace with wider inflation, and indeed landlords’ rising costs.'