Tenants drawn to PCL as Zone 1 rents fall to lowest levels in decade

“The split in the rental market caused by Covid-19 has now crystallised and we are seeing the two-speed market firmly entrenched," says Gráinne Gilmore, Zoopla’s Head of Research.

Savills has revised its prime rental price forecasts. Prime London rents are now expected to fall by 3% this year, with inflation of +7.6% over the next five years

Prime Outer London has seen less significant price drops than central areas, reports Knight Frank.