Annual rental growth in prime London reached 11.1 per cent in the first quarter of this year, following a 3.4 increase in the first three months of 2022, according to Savills. This is the first time the prime London rental market has seen double-digit annual rental growth in over a decade.
As a result, rental prices are now above where they were pre-pandemic for both houses and flats with South West London the top-performing London location boasting rents for all property types now 10.3 per cent above the pre-pandemic base.
Buy to let is complicated - and getting more so by the week, as regulations and restrictions abound. Monday: 9AM–6PM Tuesday: 9AM–6PM Wednesday: 9AM–6PM Thursday: 9AM–6PM Friday: 9AM–5PM Saturday: Closed Sunday: Closed.
