Renters seize on lower costs to live in UK cities

Tenants are showing signs of returning to major cities to take advantage of rents that were lowered during lockdown, a report suggests. Work and leisure restrictions, as well as younger adults returning to live with their families, meant demand dropped in the last year. This in turn led to rent falls, including a drop of 9.4% in London, according to property portal Zoopla. But, since Easter, it said demand had picked up.