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Evening Standard
Evening Standard
Business
Ella Jessel

Londoners scramble for studio flats as capital’s rents hit yet another record high

London Rightmove

London’s dizzying private rents have smashed a new set of records hitting £2,343 per month in the quarter, according to online property site Rightmove.

The price of a rental has soared by 16 per cent from the same period last year, when average asking prices were at £2,019. It marks the highest yearly rate of growth of any region on record, according to Rightmove’s Rental Trends Tracker.

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