Annual rental growth in prime London reached 11.1 per cent in the first quarter of this year, following a 3.4 increase in the first three months of 2022, according to Savills.
This is the first time the prime London rental market has seen double-digit annual rental growth in over a decade.
As a result, rental prices are now above where they were pre-pandemic for both houses and flats with South West London the top-performing London location boasting rents for all property types now 10.3 per cent above the pre-pandemic base.
Buy to let is complicated - and getting more so by the week, as regulations and restrictions abound.
Monday: 9AM–6PM
Tuesday: 9AM–6PM
Wednesday: 9AM–6PM
Thursday: 9AM–6PM
Friday: 9AM–5PM
Saturday: Closed
Sunday: Closed
Visit us: https://www.landlordtoday.co.uk/
Email us: team@angelsmedia.co.uk