Average rent for a two bed home in London set to surpass £2,000 a month

Average monthly rents for two bedroom homes are expected to reach £2,000 by the late summer of this year, according to new research. It currently stands at £1,867 per calendar month, up 2% already since the beginning of the year, according to the London Rental Market Report from estate agents Portico. Given that tenancies which begin in September are typically 11% higher than tenancies that begin in December, Portico is predicting that two bedroom rents will reach £2,008 per calendar month by...