Increased demand drives rents higher in prime central London

Rents soar in London
Rents in the UK capital outstrip growth in wages.

Portico estate agents has reported that rental values have increased across prime central London over the last few months. Prices have increased by as much as 1.7% since May, led by gains in the heart of Westminster. This can be attributed to caution in the sales market which has resulted in greater demand from people looking to rent rather buy a property.


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