You are here

Londoners pay record rents as landlords capitalise on shortfall

London

LONDONERS are paying record rents when they change homes in the city as rising demand and a lack of supply allows landlords to charge more.

The average rent for a new lease in Greater London was £1,506 (S$3,146) a month in May, according to a statement on Monday from HomeLet...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes