Property News · April 28, 2017

London rents fall sharply as monthly bill drops across UK


Lettings agents say new tenants in capital are paying £100 per month less than a year ago, with demand from tenants falling, possibly because of Brexit voteRents in London have fallen sharply, with new tenants in the capital typically paying almost £100 a month less than their counterparts a year ago, according to a major lettings agency.London has seen a “sharp fall” in rents over the last 12 months, with the average monthly amount paid dropping from £1,297 a year ago to £1,203 in March 2017, said Your Move, which publishes a regular buy-to-let index. In March alone, typical rents in the capital fell 6%, it added. Continue reading…

Source : theguardian.com
Read more…London rents fall sharply as monthly bill drops across UK

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