Prime Central London’s rent drops shallow out

If proof was needed after the recent chorus of voices calling the top of the market, Knight Frank has reported a 'softening' in demand across prime central London last month.

Sales transactions in prime central London rocketed by 21% in Q2 compared to Q1 of this year, says JLL, but levels are still 32% down year-on-year. See how this compares to LonRes' Q2 findings here

The LonRes team summarises an unusually subdued Q1 in the prime London lettings market... The prime London lettings market has, over the last three months, been quieter than many expected.