‘We’re seeing some huge increases in rents of late,’ says London agency

Foxtons heralds 'a shift towards a more realistic lettings market, characterised by higher supply levels and less inflated demand.'

Chestertons has flagged a marked improvement in rental supply in the capital.

Tenants across Great Britain paid a record £85.6bn in rent in 2023, says Hamptons - equivalent to the total value of all homes sold in London last year.