Market Snapshot: Prime rents in London & the commuter belt

Savills has revised its prime rental price forecasts. Prime London rents are now expected to fall by 3% this year, with inflation of +7.6% over the next five years.

There were 53% more price cuts on properties for sale in prime London in April compared to the same month last year

Property market activity in PCL is rebounding more slowly than in outer areas, reports Knight Frank, and average rents continue to fall.