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.
Demand for expensive rental homes in London has escalated this year, but supply is tightening - meaning some super-prime lets are being agreed in double-quick time as tenants look to beat the competition…
Super-prime rental market hits ‘all-time high’ in north London as UHNW tenants shell out up to £40k pw
Values spike across St John’s Wood and Regent’s Park as overseas families increasingly opt for luxury developments over five-star hotels for their summer sojourns
“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.”
Companies in this articleHaringtons
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