London’s lettings market cools, but average rents are still 20% higher than last year

Foxtons is reporting an 'unusually busy' end to the year for the capital's rental market.

'It’s a real challenge for renters at the moment,' says Rightmove, 'as there are simply not enough homes available to rent to meet the demand from people enquiring.'

Zoopla expects rental price growth to calm down next year, despite continued low stock levels and high tenant demand.