According to figures by the Association of Rental Letting Agents the average London weekly rent now stands at £525... and it appears the current uncertainty about house prices is actually lending landlords a helping hand. As long as rents continue to rise (and - of course - prices fail to crash) buy-to-letters are, so the Royal Institute for Chartered Surveyors say, quids-in, with rents rising at their fastest ever recorded rate, tenants clamouring for property and rents themselves at an all-time high.

[via BBC]

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