Rental market dynamics point to medium-term growth in London
The affordability squeeze in the sales market will continue to boost demand once normal service returns in the capital’s lettings market, writes Tom Bill

Tom Bill is Head of UK Residential Research, producing reports that include Knight Frank’s flagship Prime Central London indices, the Super Prime London Insight and the London Residential Review. He has written detailed reports on London sub-markets and contributes to The Wealth Report and Global Cities report. Tom, a former Bloomberg and Reuters property journalist, is a regular media contributor on the London property market and has presented at events in Europe and the Middle East.
Wealthy tenants act fast as London’s super-prime rental market surges in uncertain times
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…
By PrimeResi
Mapped: Prime London price & rental growth
Here's how the capital's prime neighbourhoods have performed over the last three months
By PrimeResi
Pre-lets on the rise in London’s ‘lively’ rental market
JLL reports 'buoyant' applicant and instruction levels across the capital - and an increasing number of tenants renting off-plan in the rush to secure the best new-build units...
By PrimeResi
Companies in this article
Knight FrankMost read
Foxtons’ Isidro appointed COO of UK Sotheby’s International Realty
Luxury agency announces another big-name hire as dramatic scaling-up continues.
In Pictures: Iconic Portland Place mansion lists at £75mn following ultra-prime makeover
Adam-designed trophy home has been 'reimagined for 21st century living' by MSMR Architects and 1508 London, at a total cost of nearly £50mn.
PCL super-agent Lloyd returns to Beauchamp Estates
Charles Lloyd, aka 'Mr Mayfair', has rejoined the luxury agency from CBRE.
Royalton mega-mansion in Surrey fetches record price
Julian Bicknell-designed stunner is the most expensive home sold on St George’s Hill this year.
Boutique PCL agency hires Foxtons high-flyer
Edvin Griskin won numerous awards as a top negotiator at his former firm.
A London borough has been crowned Rightmove’s ‘happiest place to live’ for the first time
'Having access to nature and green spaces is more important to residents than having access to public transport, shops and restaurants, and employment opportunities,' says Rightmove after surveying 26,000…
By PrimeResi
Watch: Touring ‘the most expensive house in the world’
YouTube star & luxury real estate agency team up to showcase the '$1bn' Chateau Du Champs De Bataille in Normandy, which is now up for rent.
Specialist lender refinances £175mn London mansion
Cohort Capital completes another PCL mega-deal as ultra-prime sector 'remains well insulated from wider economic headwinds'.
LATEST ARTICLES
Elicyon founder Charu Gandhi on building a top design brand, finding the right balance & visualising the ‘perfect client’
PrimeResi x Plugged in: Continuing a series of in-depth interviews with key players from the world of design, Jason Bailey catches up with Charu Gandhi, founder of acclaimed interiors studio Elicyon, to…
By Jason Bailey
In Pictures: Luxe loft-style duplex in Kensington seeks £21.75mn
Architect Chakib Richarni and developer Interlitrade combined two separate apartments to create this vast 5,600 sq ft duplex on De Vere Gardens.
Berkeley Group reports ‘strong performance’ despite slump in reservations
Housebuilder's net reservations were a third lower in its latest financial half-year than the corresponding period in 2022 - "reflecting the sharp increase in interest rates and the ongoing elevated political…
By PrimeResi
Knight Frank upgrades global house price forecasts as ‘some prime buyers appear confident that the worst is now behind us’
'Cautious optimism is emerging as prime buyers consider economic headwinds to be easing,' says Knight Frank, as the property firm raises its outlook for international resi price growth in 2024.
By PrimeResi
In Pictures: Historic Cotswold Manor House offered for £16,950 per month
Stanley Park has been renovated into an extraordinary and rare rental home.
By PrimeResi