According to the lettings index by Knight Frank’s London, rents saw increases of 4.2 per cent on average from April until June 2007, which is the most significant rise since 1995, when the records were first registered. Similarly, the average rent in London Went up by 12.2 per cent over the last year, the highest inflation since 1995.

Over the last three months, the largest rises in central London Were recorded in Notting Hill and Kensington, with over 6.1 per cent increases. In the same period of time time, in Wapping and Canary Wharf inflation led to 7.6 per cent rises, adding up to the 14 per cent annual increase. In spite of these considerable rental rises, the gross yields for landlords are only little over four per cent.

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This post was written by Ethan Coles. Ethan is also one of the three orginal writer on RemoteBrains and has written lots of different articles on botox for migraines.

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