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London Rental Market Heats Up

As covid fears start to recede and London businesses start to re-open their offices, tenants are heading back into London and subsequent demand for rental properties is on the rise.
Demand for rental properties in the capital has increased by 19% this is contrast to a staggering 42% drop in supply compared to July 2020.
This re-balancing of supply and demand bodes well for buy to let landlords and provided we continue to move into a post lockdown world it is likely this trend will continue putting percentage points on rental returns.