Average rental rates have already jumped 0.9 per cent in 2020, says Knight Frank. Photo: SHUTTERSTOCK
Average rental rates have already jumped 0.9 per cent in 2020, says Knight Frank. Photo: SHUTTERSTOCK

London’s prime residential rents rise as landlords withhold supply to avoid taxes designed to bring down prices: Knight Frank

  • Knight Frank said there was an average of 8.4 viewings per new listing in 2019, the highest ratio in the past 10 years
  • Government levies aimed at making housing more affordable have made it less attractive for landlords, and the resulting drop in supply is pushing rents up

Average rental rates have already jumped 0.9 per cent in 2020, says Knight Frank. Photo: SHUTTERSTOCK
Average rental rates have already jumped 0.9 per cent in 2020, says Knight Frank. Photo: SHUTTERSTOCK
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