Rent falls in London’s prime property market slowing, especially at lower end

Rents in London’s prime property market fell by 3.1% over the course of 2017 but the rate of decline has slowed and the market has remained active, according to the latest lettings report. It is the lower and super prime ends of the market that are fuelling demand, particularly from needs based tenants at the lower end of the market seeking smaller properties and affluent students, says the prime residential rents report from Savills.

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