Private rental sector yields ‘harden marginally’

Institutional and professional investors will from today be able to track detailed rental pricing trends with the help of a new index, compiled in conjunction with an economist from the LSE.

One in five new tenancies in prime central London is being let with six-to-12 months' rent - typically around the £200,000 mark (including deposit but excluding letting agent's fees) - being paid up-front,…

It looks like London's super-rich are opting for to wait and see for the next 12 months, as the very top-end of the rentals market - with six and seven figure annual rents - booms.