According to this, young professionals - disinclined to buy when we might be sitting at the peak of a house price roller coaster - are leading an unprecedented run on London rental property. Agents are seeing as much as a 25% rise in interest in lettings, compared with this time last year, with new occupants paying as much as 20% more, and renewals coming in 5% to 10% higher.

Technorati Tags: London, property, real estate