London Rents Soar as Ownership Wanes | London News

London rents just smashed a new record at £2,791 a month, pushing tenants toward a European-style rental lifestyle — but with fewer bidding wars and tighter supply, the market’s shifting fast. Despite soaring costs, people stay put thanks to work proximity and office returns. Smaller landlords are selling up, shrinking rentals further, while new laws like the Renters’ Rights Bill have cooled price spikes by ending no-fault evictions. You’re paying top dollar for a compact flat — no garden, no luxury — but London’s housing game is changing fast. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1a48fa6eb619d4fb