There has been a 94 per cent increase in prime central London tenancies year-on-year claims Lucy Morton of W A Ellis, the single office agency recently taken over by JLL.
Morton says this surge is down to disappointed purchasers turning to the rental sector for a variety of reasons such as being unable to secure finance or find the right property.
“Activity levels are now steady. However, there has been a noticeable increase in the level of rental stock available, mainly as a result of landlords awaiting the outcome of the general election and deciding now to let instead of sell their properties” says Morton.
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I think the price rising is not so bad, after all their student loans are with low taxes
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