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Property agent Savills has predicted that rent prices in the UK will rise by around 19% by 2021 due to the ‘post-referendum economic uncertainty’. This will outstrip house price rises at 13%.

As always, London prices will be hit hardest with a predicted increase of nearly a quarter on current rates with the demand for rental properties intensifying also.

A BBC investigation* found that renting a studio flat in all but 1 of the London boroughs exceeds 30% of take-home pay and renting a one-bedroomed property would take over half in 24 of the London boroughs. Amongst those that the most expensive are Hammersmith & Fulham, Southwark and Hackney.

*5th August 2016 – ‘Sky-high’ rental hotspots across England revealed BBC


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Rent in London to rise by 24.5% in the next 5 years
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