Net migration into the UK rose by 21 per cent last year to 239,000 on the back of a significant fall in people leaving the country and a net increase in migrants from eastern Europe, according to the Office for National Statistics.
This is compounded by the news that the housing shortage in England is set to worsen during the next three years as data reveal planning permission approvals have fallen to the lowest level since the start of 2009.
All of this will surely add up to increased pressure on the rental market in central London.