August and September are the busiest months in London’s accommodation rental market. Experts say that this year the supply of the rentals exceeds the demand. All thanks to new landlords – the owners who cannot sell their property and are forced to rent it out.

- Landlords are forced to slash prices because of over-supply, reports ThisIsMoney.

- “We have noticed a huge increase in stock in the last three to four months,” says Tim Hyatt of estate agent Knight Frank to MoneyWeek.