Prime London rental value growth slides to three-year low
Almost all tenancies agreed in the last month above £1,000 pw have been below the asking rent or subject to a rent reduction, reports Knight Frank.
Prime London rental growth slips to lowest rate since August 2021
Values are still 28.3% above their pre-pandemic average, reports LonRes.
Rental growth stabilises in ‘subdued’ Prime London lettings market
Annual rental growth of 3.8% was up only slightly last month, while activity levels fell back after a good start to the year.
Rising stock levels put the brakes on Prime London rental growth
At the end of 2023, there were 60% more properties available to let compared with a year earlier.
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