PCL rental growth slows to just 1%
Knight Frank records lowest annual rate since July 2021, as supply levels continue to build.
PCL rental growth dips below 3% for the first time in three years
Just as the prospect of tax rises in the Budget is causing uncertainty in the sales market, Labour’s revival of the Renters Reform Bill is doing the same thing in the lettings market, says Knight Frank.
Rental growth finally slows in prime London’s lettings market
November's annual rate of 6.9% was the lowest seen since September 2021, reports LonRes.
Prime London rental growth back to ‘historically normal levels’
Annual change of 1.1% was recorded in PCL in September, the first time the figure has been below 2% since mid-2021.
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