Surging tenant demand pushes London to ‘the most competitive rental market in recent history’

News

“We have certainly seen the most competitive rental market in recent history over the past six months," declares Richard Davies, MD of Chestertons, while Benham and Reeves boss Marc von Grundherr warns "the London rental market is now rebounding at an alarming rate."

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Main image: Interest rates

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Average asking rents have risen by over 20% in Central London over the last year, and by 11% outside of the capital.
News

"The property markets in central and outer London are increasingly on different trajectories," says Knight Frank, as the latest market indices shine a light on sales and lettings trends.
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A top estate agency has reported the highest number of new prospective tenant registrations in five years - topping previous records set in June and July this year.