‘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.
What to read next
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%.
Most read
Savills consolidates flagship PCL teams
Big-brand agency is relocating its Knightsbridge operations to Sloane Street.
Super-prime buying ‘flurry’ drives London’s £5mn+ market
New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.
High-profile buying agency toasts 20 years in business
Sloane Square-based firm reveals acquisition record and says industry shifts have made the market 'increasingly difficult' for buyers to navigate.
Resi developer’s global survey reveals ‘what the world thinks of London’
London Square research finds the capital leading the pack for careers and resi investment, with overseas sentiment more upbeat than the domestic narrative might suggest.
Veteran sales director joins Douglas & Gordon
Former Aspire, KFH and Fine & Country operator joins London agency's self-employed network.
What do the wealthiest want? Four questions, 32 experts, ten key findings
'Something has shifted at the very top of the market,' declares LPF boss Priya Rawal after consulting a panel of luxury property insiders.
Super-prime agent vents fury at ‘ransom note’ portal bill
Trevor Abrahmson has shared Glentree's internal numbers to highlight how much each lead costs.
Mapped: How Prime London prices & rents have shifted over the last three months
Latest data reveals what's been happening at neighbourhood level.
International buyer picks up £7.9mn St John’s Wood pied-à-terre
Longstanding listing changes hands as wealthy buyers continue to target large family homes in NW8.
Knightsbridge Estate & Harrods begin Hans Crescent revamp
Public realm upgrade will bring new planting, trees, seating and lighting to the well-trodden Knightsbridge route.
LATEST ARTICLES
In Pictures: Goddard Littlefair completes contrasting show residences at The OWO
‘What drew us in was the idea of two residents with quite different ways of living’, says design studio, revealing two takes on life at the Raffles-branded Whitehall landmark.
Developer offers £42k private school sweetener to homebuyers
Two years of fees are on the table at a north London scheme as firms look to tempt purchasers with increasingly inventive incentives.
Knight Frank boosts planning division with heavyweight hire
David Churchill has moved from Carter Jonas.
High-profile developer wins £1.9mn SDLT battle over Chelsea mega-mansion
Upper Tribunal dismisses HMRC appeal in long-running tax dispute.
One in 10 UK home buyers use overseas funds – claim
Due diligence platform flags the prevalence of cross-border funding in the property market.