Wednesday, October 20, 2021

Rents rise across London as stock shortage takes its toll

New research by the Benham and Reeves agency has revealed how a lack of London rental properties has pushed up the cost of renting over the last year.


Director of Benham and Reeves, Marc von Grundherr, comments: “Restrictions imposed as a result of the pandemic saw demand for London rental properties evaporate almost overnight and many landlords were forced to dramatically reduce their rental income expectations simply to secure a tenant.


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