Prime London rental growth eases to lowest rate in two years

'It won’t become a tenants’ market any time soon,' writes Knight Frank's Tom Bill, as the firm's latest PCL index tells of continued double-digit rental growth.

Current growth rates 'cannot be sustained,' says Savills, as its prime lettings index records the highest annual increase since it started in 1979.

“Inquiry levels are strong but not as high as we’ve seen over the last two summers,” said David Mumby, head of prime central London lettings at Knight Frank.