Home Counties rents ‘turn the corner’ in 2014

Despite a 23.2% year-on-year increase in applicant numbers in the three months to January, rents in prime central London fell 0.

A sluggish global economy kept a lid on prime rents around the world last year, but New York and London should see values rise in 2015, according to Knight Frank's latest check.

London's rental prices are likely to rise by 10% next year, thinks Marsh & Parsons, driven by strong tenant demand and a flourishing corporate sector.