Prime London rents return to 2007’s peak

 Average rents in prime London have dropped over the last year, but there is scant uniformity across different boroughs. Savills report that Islington and Hampstead have dropped by 4.

Marsh & Parsons is expecting London prices to "stabilise" next year, with annual growth of between 5-7%. After recording a chunky 10.

November saw prime London rents fall by 0.3%, taking the annual drop to 2.8%, according to Knight Frank's latest Prime Central London Rental Index.