London tenants move on to find better rental deals as supply improves
'Landlords are increasingly having to reduce their rental expectations in order to secure a tenant,' says Chestertons.
London rental supply improves, but ‘competition is still fierce’
Foxtons reports a 6% improvement in lettings stock in the capital.
London rental market ‘begins to normalise’ as supply grows 10%
But 'we’re not back to a normal seasonal market just yet,' says Foxtons, as rental prices remain at records highs.
London rents fall as supply improves
London's average weekly rent fell 4% last month, says Foxtons. But rental prices are still 14% higher than at this time last year.
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