Olympics triggers record rents in London

A seven-bedroom house in London’s upmarket Mayfair district will likely set a British record rent of £433,000 (€522,000) per month as landlords cash in on demand for space during this summer’s Olympic Games.

The house has a floor space equivalent to three-and-a-half tennis courts spread over three floors and includes a swimming pool, cinema and seven bathrooms. It can also be rented for £100,000 per week.

In addition to a six-bedroom flat near the Harrods store in Knightsbridge that is for rent at the same weekly sum, it is the most expensive home on the findaproperty.com website, which displays houses being marketed by major estate agents.