‘Acute’ tenant demand pushes rents up at fastest pace in 13 years
“The swing back of demand into city centres, including London, has underpinned another rise in rents in Q3, especially as the supply of rental property remains tight," says Gráinne Gilmore, Head of Research at Zoopla.
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Rents rise in the prime commuter belt but fall in London, as tenants ‘make real lifestyle changes as a result of Covid-19’
Savills has revised its prime rental price forecasts. Prime London rents are now expected to fall by 3% this year, with inflation of +7.6% over the next five years.
‘Medium term expectations for house prices and private rents have barely been dented by Covid’ – RICS
Strong demand continued to drive sales activity in October, according to the latest survey of Chartered Surveyors. But things are likely to turn as 2021 progresses...
Rural rents rise as cities fall – Hamptons
Average rents in the countryside have risen by 5.5% in the last year, reports Hamptons, while city rents have fallen by 5.3%.
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Knight Frank & UK Sotheby’s land £25mn Ormeley Lodge instruction
Lady Annabel Goldsmith's 'exquisite' former home between Ham Common and Richmond Park comes to market after more than 50 years with the family.
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Valouran promotes sales chief Leigh to partner
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Prime property price declines accelerate in ‘strong buyer’s market’
Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.
Global trophy homes go under the hammer in Mayfair
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Luxury PCL developer expands into the prime country market
Mayfair-based REDD says growing demand from UHNW clients is driving its move beyond central London.
Influential economists urge incoming PM to scrap stamp duty & council tax for 1% property value tax
UCL report backed by heavyweight thinkers proposes annual levy on property values as part of sweeping tax overhaul.
Global super-prime market rebounds, with London back in the mix
Knight Frank tracked 636 US$10mn-plus resi deals worth US$11.4bn in Q1, with London climbing to fourth globally by deal volume as Dubai, Hong Kong and New York led the strongest quarter in a year.
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In Pictures: 500 industry pros attend inaugural ‘Summer Social’ at the Hurlingham Club
Social Circuit: UK Sotheby's, Enness Global and Lumley brought together professionals from the luxury property, finance and wider private client worlds for an afternoon of networking and entertainment.
D&G adds trio of self-employed London agents
Meis Butros, Christopher Janson & Rob Els join James Evans' broker set-up.
Agency completes brace of super-prime Hampstead deals as domestic demand holds firm
Knight Frank says buyers are still prepared to 'leapfrog the market' when best-in-class options come up.
Prime London’s £100k lettings club keeps growing
Almost one in eight lets so far this year have been above the Renters' Rights Act threshold.
Lord Snowdon’s former country retreat on the open market for first time in more than 500 years
In Pictures: An ancient house with high-society provenance seeks £3.95mn.