The amount of rented housing declines in the center of London and increases in the suburbs. A study conducted by Hamptons International showed that homeowners sell expensive metropolitan buildings and buy real estate at the outskirts.
The total number of apartments that can be rented in London, decreased by 17% year on year, but the demand for metropolitan real estate continues to grow steadily. This situation led to an increase in rental charge. "While the amount of rented housing is decreasing, and the demand for it remains the same, tenants are at a disadvantage. Rental charge for London housing has jumped in July this year and continues to grow," - said David Fell, analyst at Hamptons International.