RENTS IN LONDON FALLING OUTSIDE OF LONDON RENTS ARE ON THE INCREASE

RENTS IN LONDON FALLING OUTSIDE 
OF LONDON RENTS ARE ON THE INCREASE

London is now the only region where rents are falling, down 6.8 per cent in inner London, while outer London is up by 0.8 per cent, 

In September 2019, the most in demand property type was a studio flat, followed by a two bedroom house. A year later, in the wake of the pandemic, two-bedroom houses have now overtaken studio flats as the most in demand, with studio flats falling seven places, behind bungalows and houses.
Interestingly, landlords are also being advised to redesign properties to suit the new emerging needs of renters.

'I’ve heard from some agents that they're now advising their landlords to turn part of the living room into a work from home space, or offering to install high-speed broadband for tenants as an added incentive,' says Miles Shipside at Rightmove. 'The rise in demand for properties that have more space and that typically have higher rents is helping push up average rents to new record highs.'
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