Demand has accelerated while supply has fallen sharply. The result is that London has become a landlord’s market. Average rental values in prime central London rose by 2.8% in the three months to September, the largest quarterly increase in a decade. Supply remains low due to the fact a number of owners sold in order to capitalise on a resurgent sales market over the last 18 months, producing fewer so-called accidental landlords.
Download our London Prime Lettings Insights for a deeper dive into the city’s current Prime performance.