Property News · January 27, 2021

Private rents fall in UK's biggest cities by up to 12% amid Covid crisis


Central London and Edinburgh city centres hardest hit by downturn as northern England sees rising rentsCoronavirus – latest updatesSee all our coronavirus coverage Private rents in some of the UK’s biggest city centres have fallen by up to 12% in a year but have risen sharply in parts of northern England as some tenants swapped an urban life for the suburbs, smaller towns and villages.Property website Rightmove’s latest rental trends report said the pandemic had led to falling asking rents and a “flood” of properties coming on to the market in many areas. Continue reading…

Source : theguardian.com
Read more…Private rents fall in UK’s biggest cities by up to 12% amid Covid crisis