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Evening Standard
Evening Standard
Business
Mark Banham

London rents reach record highs as rest of country follows suit

London tenants will offer landlords more than asking price in order to secure a property

(Picture: Daniel Lynch)

London rents have now reached an eye-watering new record average asking price of £2,257 per month during the quarter according to Britain’s largest online property site Rightmove.

Average asking rents outside of London have also hit another new record of £1,126 per calendar month rising 3.5% from last quarter and up 11.8% compared to last year.

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