London’s wealthy put homes up for renting as mortgage rate rises bite

London’s wealthy put homes up for renting as mortgage rate rises bite

City A.M.

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London’s wealthy are placing their homes up for rent as they struggle to reach their ideal asking price on pads across upmarket boroughs such as Chelsea and Mayfair.  Following the Bank of England’s decision to hike interest rates by 0.5 per cent, figures from estate agent Knight Frank show affluent sellers in some of London’s [...]

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