London prime rental market reviving post Brexit Referendum

Sep 15, 2016

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London prime rental market reviving post Brexit Referendum

The number of new rental properties placed on the prime property market in central London the three months to July increased by almost 40% as rents fell by 4.1%, according to the latest index.

The number of new prospective tenants also increased, up by 7.2%, while the number of tenancies agreed increased by a fifth and average gross prime yields were flat at 3.1%

August was a strong month in the super prime £5,000 plus per week market, with deal volumes up on the same month last year. LINK

[Source: Propertywire]