Inflation & Prices

London’s Rent Frenzy Expected to Continue Until the End of the Year

  • Notting Hill, Shoreditch, Clapham and Stratford are hotspots
  • Some tenants secured properties for three years in pandemic

Letting signs outside properties in London.

Photographer: Peter Summers/Getty Images

Lock
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Higher mortgage rates, landlords selling up and canny tenants who locked in low rates during the pandemic are combining to send rents in London’s best districts above their pre-pandemic peaks.