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Evening Standard

Business

Jonathan Prynn

Landlords warn of higher rents in London as supply of homes dries up

Landlords have called for more incentives to stay in the private rented sector - (PA)

Tenants were warned about another surge in rents in London as new figures showed the number of homes being made available by landlords is rapidly falling.

Latest Government data showed the number of homes in the private sector in London fell 6% from 1.14 million to 1.07 million between 2023 and 2024 despite growing demand. On current trends it could fall below the one million mark next year.

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