London’s rental costs are predicted to swell by 10% over
the next year, far outstripping houses prices which are expected to rise by a
more meagre 3-5%. According to estate agent Marsh & Parsons, prime London house
price increases will slow in 2015, compared to the 11.4% rise witnessed over
2014. Annual growth is forecast to be strongest (5%) in outer prime London,
where typical house prices are 25% lower than across prime London as a whole,
fuelling higher demand. But in the most expensive prime central areas of the
capital, prices will climb by 3%. Read more on 24dash.
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