Rents slip back in Greater London

Rents in Greater London slid in the third quarter, data from Move With Us claimed yesterday, but they remained more expensive than the same period a year earlier. By the end of the third quarter, rents in greater London were 4.9 per cent down on the previous quarter at £2,273, but this left them 3.3 per cent up on rents a year before. This was a much faster pace of decline than Great Britain as a whole, where rents edged down 0.2 per cent.