Before Covid-19 forced many of us to stay at home, the cost of rent regularly topped the list of concerns for Londoners. According to a new survey, London rents jumped 10.9 per cent last year to £2,142, above pre-pandemic levels.
It adds yet another layer to the growing cost of living crisis, with residents already facing soaring energy bills and higher taxes. The cause is familiar, with estate agents citing growing demand as the economy reopened alongside the shortage of new properties.
