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London’s rental stock plummets by 71% in 12 months

The availability of rental stock in London has fallen by 71% in 12 months, fuelled by landlords leaving the capital during the pandemic.

Newly released data from ARLA Propertymark has revealed that demand is outstripping supply in the capital with the average number of new prospective tenants reaching the highest levels on record for the month of December, at 67 per branch.

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