‘Two speed’ rental market emerges as affluent areas recover from lockdown fastest
More affluent areas have seen markedly more lettings market activity since the end of the Spring Coronavirus lockdown than Britain's less wealthy locations.
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Surging tenant demand pushes London to ‘the most competitive rental market in recent history’
“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…
Private rental stock has dropped by half since 2019 as landlords exit the market
Estate agency branches had an average of 15.6 properties available to rent in March this year, says Propertymark, down from 30.4 in March 2019.
‘Most competitive rental market ever’ drives record rental price inflation
Average asking rents have risen by over 20% in Central London over the last year, and by 11% outside of the capital.
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