London’s rental market is ‘normalising’ as supply rises & demand dips

'Renters may need to change tactics in the coming year, setting aside more time for their property search and preparing to move fast when they see something they like,' says Foxtons.

But 'we’re not back to a normal seasonal market just yet,' says Foxtons, as rental prices remain at records highs.

'The meteoric rental value growth seen in recent years has calmed down,' says Knight Frank.