PCL ‘residents club’ targets out-of-towner tenants amid ongoing rental market mayhem

A drop in buy-to-let transactions during the pandemic has hit supply levels, reports LCP, and the average rent per sq ft is now 21% above the 10-year average.

With supply levels running so low, ‘frustrated’ companies are having to consider outer-lying parts of the capital and alternative options to house their employees, reports Knight Frank.

Supply & demand are still well out of kilter, but discounts and price reductions are increasing.