The Home property website has identified locations where rents have risen by up to 38 per cent in the past 12 months.
It says key areas of London are now seeing a 54 per cent drop in the number of properties available to rent compared with November 2020. “The boroughs of Kensington and Chelsea, Camden and Tower Hamlets lead the charge with annualised hikes of up to 38 per cent, more than compensating for last year’s declines during lockdown” says Home.
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