17th October 2024
London rental frenzy a thing of the past as supply booms
Property data consultancy LonRes says figures for September show the prime London lettings market as subdued. Annual rental growth fell slightly in September to 2.2% but average rents across prime London are 33.9% above their 2017-2019 (pre-pandemic) average. There were 16.4% fewer lets agreed in September than a year earlier, 56.3% below the...
