Cost of rent in London - one of the highest in the world - this year has decreased for the first time since 2010, as many owners rushed to market before the tax increase in April, according to news agency Reuters co referring to the study of the rental company Landbay
For example, between January and November 2016 on rental prices in London fell by 0.3%. For comparison, in the UK as a whole at the same time, rents increased by 1.9%.
Executive Director Landbay John Goodall noted that he expects the rental price growth in 2017, when control of banks on the mortgage will lead to what the market will go lower property under lease. But overall growth in the cost of rent in London will increase more slowly than in the whole country, he added.
In April of this year, prices for rent London reached a peak of 1894 a month before starting to decline in May, when he joined the force a higher tax, which must pay the landlords.
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