Property rents reach an all time high in London, figures suggest

[Nicholas Wallwork]

The cost of renting a property in London has reached an all time high, despite a slowdown in the increase of average salary, according to new research by tenant referencing specialist, HomeLet. The average rental price in Greater London increased to £1,202 in August, compared to £1,154 the previous month, a record breaking amount, despite [...]

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[paulnixon]

I think the most simple reason for the higher rent of property in UK is the unemployment. uneployment is the big factor in UK. if you have to invest or buy a property you have to think longer time.