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Rents rise for the first time in prime London since start of the pandemic

Published: 21/07/2021

Rents across all prime London regions saw a return to positive growth in the second quarter of the year, as both UK and international tenants planned their return to the capital, fresh analysis from Savills shows.
This is the first time rents have increase in prime London since the start of the pandemic.
Strong rental growth continued across London’s commuter belt where demand from relocating families for three and four bedroom homes in regional towns and cities massively exceeded supply as ‘accidental tenants’ compete with try before you buy renters.
In the country markets, the study shows that connectivity has unsurprisingly become more important for those moving out of London while some wealthy tenants are opting to take a country house style residence in the London suburbs.