London rents slid by 3% during the first half of 2020, driven by lockdown and a changing UK rental market.
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Property professionals have welcomed new regulations allowing property viewings and visits to estate and lettings agents from Wednesday in England as the government eases the coronavirus lockdown.
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The rental market has skidded to a halt during the coronavirus crisis, with tenants and landlords alike pressing pause as the lockdown and social distancing rules restrict viewings and people feel the squeeze on their finances.
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Letting agents are being urged to be vigilant and use only bonafide reference companies as new data reveals fake or fraudulent rental applications have risen by 117% in the past 12 months.