High supply level keeping rents on prime property in London down

Residential rents across the prime property market in London rose by just 1.3% on average in 2015, while those in the commuter zone increased marginally by 0.6%, new data shows. In London this reflects relatively high levels of supply coming into the market, not just from investment buyers of an increasing volume of new build stock but also from the re-emergence of accidental landlords, who reflect a more heavily taxed and generally less active sales market, says a new report from international ...