Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Foxtons Calls Time on London Rental Market Boom
Foxtons has called time on the London rental market boom, according to a report by Landlord Today. The report states that applicant activity and competition for properties have both eased.
For letting agents and inventory clerks in the capital, that points to a shift in the conditions that have characterised the recent London rental market. Both indicators cited — applicant activity and competition for properties — are reported to have softened.
The source item gives no further detail on the scale of the change, the period covered, or any figures behind the assessment. This brief is therefore limited to what the headline and excerpt report.
Agents and inventory clerks can read the original article in full for the complete picture. The Property AI will continue to monitor coverage of London rental market conditions as further details emerge.
Source: Landlord Today