Nov
10

Cost of rents in London at record high

London rents continued to grow over the past quarter, as an acute shortage of properties pushed up prices.

Desperate tenants are resorting to the job-hunting tactic of handing in their CVs amid fierce competition in the rental market.

London-based Ludlow Thompson reported a “growing number” of unsolicited CVs from prospective tenants, giving information ranging from detailed information about their relationships and pets to more prosaic job records.

Stephen Ludlow, director of Ludlow Thompson, said: “Fierce competition for properties in the London rental market is forcing tenants to go to extraordinary lengths to secure the property they want.”The latest trend is for tenants to send landlords a personalised CV, explaining why they would be a great tenant.

Source: PA

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