propertytalk Live! - Rental shortage sees London prices swell over 12%
The prime central London lettings market has seen average rental prices increase by over 12% year-on-year as demand continues to exceed supply.
Property consultants Sandfords say the shortage is attributed to the exodus of buy-to-let investors from the market in the last few years, but landlords are beginning to return, encouraged by higher yields and increasing mortgage availability.
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