London landlords ‘in the driving seat’ as rental supply plunges 58%
Chestertons has seen tenant demand soar by 55% over the last year, while the number of properties available to rent has plunged by 58%.
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Tenant demand is catching up with rental supply in prime London
"It still feels like it’s more of a tenants market" in prime London, says Knight Frank's Head of Lettings, "but we are going into the busiest period of the year and I would expect supply to come down.
Tenant demand continues to outstrip rental supply in London
Demand for rental properties in London has increased by 13% compared to last year, reports Foxtons, while supply has fallen by 16%
Prime London markets set for 25% fewer new tenancies this year, but rental values are unlikely to change
New and newly-refurbished rental properties are faring better in the lockdown lettings market, says Knight Frank.
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