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
