Landlords calling the shots in Prime London as stock levels slide

New lets were down by 14% across the prime postcodes in the first three months of the years, reports LonRes, but tenants are choosing to remain in their current properties rather than exiting the market..

Property price inflation across the UK is expected to reach 14.2% cumulatively between 2018 and 2022;  prime regional markets are predicted to grow by 9.9%, with London in for a 13.1% rise.

Savills is forecasting rents will rise by nearly 11% over the next five years, having bottomed out in mid-2019...