‘The most competitive rental market on record’: Tenant demand climbs as would-be buyers hold fire
Demand for rental homes is rising as some would-be buyers pause to see what happens with mortgage rates in the new year, says Rightmove.
Current growth rates 'cannot be sustained,' says Savills, as its prime lettings index records the highest annual increase since it started in 1979.
Average asking rents have risen by over 20% in Central London over the last year, and by 11% outside of the capital
Foxtons has listed 38% fewer rental properties so far this year compared to last, while tenant demand is running high.
Companies in this articleRightmove
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