It seems London is a renters' city after all – if you've got the requisite cash. The city's 'ultra-prime' rental market is booming, with more multi-millionaires and billionaires choosing to let than buy in 2023.
Beauchamp Estates' latest Wealth Report found that so-called ultra high net worth individuals, who are willing to shell out up to £30,000 per week, may have been dissuaded from buying in London by high interest rates.
