The London-based agency Foxtons has recently reported an exceptional surge in demand for rental properties within a particular district of the city. Astonishingly, there is an average of 38 potential tenants competing for each currently available rental unit in this area. Over the past year, rental prices have experienced a remarkable 11% increase, primarily attributed to a peak in demand observed in August. This surge in demand aligns with the return of holidaymakers and students who are actively seeking accommodation for the autumn season.

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