Prime London flooded with rental demand
Buying agency Haringtons is reporting "a huge influx" of demand for large furnished rental properties in prime London, as families are forced out of their homes by the recent flooding.
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Tenant demand is catching up with rental supply in prime London
"It still feels like it’s more of a tenants market" in prime London, says Knight Frank's Head of Lettings, "but we are going into the busiest period of the year and I would expect supply to come down.
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“The see-saw of high supply and low demand is tipping back the other way,” says Knight Frank. “Demand is coming from multiple sources and rental values are getting stronger as a result.”
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‘More balance is returning’ to prime London’s rental market
Rising tenant demand is helping to reverse pandemic-induced rental value declines in Prime London, reports Knight Frank.
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