Rental prices climb to another record high as landlords ‘brace’ for policy & tax changes

London was the only region to see property values fall in May, according to the latest UK HPI.

Foxtons reports a 14% rise in new rental instructions from February to March, and an 11% increase in prospective tenants.

'The London lettings market remained red hot in July,' says Foxtons, although price inflation 'remains measured'.