‘Rents in Inner London are on track to reach pre-pandemic levels by the middle of 2022’ – Hamptons
"Rents in Inner London are on track to reach pre-pandemic levels by the middle of 2022," says Hamptons. "This means, in a reversal of this year, we’re likely to see Inner London rents outperform Outer London in 2022."
Prime London rents rise at fastest rate since 2011
“It’s been an extraordinary period for the whole market in PCL,” says David Mumby, head of Prime Central London lettings at Knight Frank.
Prime London rents see first double-digit annual increase in over a decade
Average rental values in prime London have surged by 11.1% in the last year, reports Savills, pushing both houses and flats above pre-pandemic levels.
Prime London is ‘returning towards a pre-pandemic rental market’
London Central Portfolio saw an 11% jump in agreed rents on new tenancies in Q4 2021, "correcting the deep discounts that were granted during the same period in 2020".
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