Rental growth remains steady as the Hampstead market stays strong
Just under a third of tenants saw rent rises in Hampstead this July, as demand for properties matched increases in stock supply.
While many had expected a 4% increase in rental stock to mean a stagnation in rent prices, demand for properties has risen by an estimated 11% - helping to sustain rental incomes.
But whilst rental growth has remained steady, letting agents agree that they do not expect to see rent prices to continue to rise - and warn against pricing to high, to avoid expensive void periods.
To find out more about rental prices in Hampstead, see this article in the Ham & High