Tuesday, 26 January 2021

Remote Working Sees Demand And Rent Fall In The Capital

The latest research by estate agent, Keller Williams UK, has found that due to the sustained levels of remote working, London now leads the uplift in rental affordability. The firm analysed rental market data looking at the average rental cost and how it has changed between 2020 and 2019 and found that across England, Covid has caused a marginal reduction in rents, with the average cost per month falling by -0.8%. A decline that will be welcomed by tenants who have seen consistent increases in rental prices in previous years, and more recently, may have seen their ability to afford this rent decline due to the pandemic. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/landlords/remote-working-sees-demand-and-rent-fall-in-the-capital.html 

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