Average length of PCL tenancy nears two years
Competitive market conditions have led to more tenants staying put, reports LCP.
PCL tenants lock-in for longer as rents continue to soar
The average length of tenancies in Prime Central London reached a new high of 25.8 months in Q2 2022, reports LCP, while the time taken to let a vacant property is at an eight-year low.
Major agency reports 43% jump in PCL lettings demand
With fewer landlords around and workers now returning to the capital, rents are only headed in one direction, says Winkworth
PCL lettings deals up nearly 200% this year, reports major agency
Dexters says it has been agreeing 330 lets every week in January, and has 36,700 prospective tenants on its books - up 48% on last year.
Most read
Knight Frank rolls out new commission and pay structures
‘Significant evolution’ across estate agency business includes new performance incentives, as 130-year-old firm looks to 'provide visibility over earning potential'.
Ranked: Britain’s top 10 prime & super-prime property agencies by market share
Savills leads for £1mn+ listings, but is just pipped by Knight Frank in the super-prime arena, according to a specialist marketing firm's analysis.
By PrimeResi
Rich List 2026: Britain’s 50 wealthiest property tycoons
Annual rundown of Britain’s richest families and individuals puts combined wealth at £784bn - up slightly on last year - but shows more UHNWIs are now based overseas.
Battersea tower decision ‘extremely disappointing’, says developer
Appeal dismissed over controversial Farrells-designed scheme beside Battersea Bridge; Rockwell laments rejection of ‘great addition to London’s skyline’.
Government unveils detailed blueprint for new high-value homes levy
Consultation sheds light on how England’s so-called ‘mansion tax’ could work in practice - including key timelines and a potential premium for overseas owners.
New £100mn PCL fund completes first acquisition
Catalyst & REDD acquire rare Belgravia development project as 'opportunistic' investment drive gets underway.
Rare super-prime penthouse deal closes in NW London
Phillips Harrod & UK Sotheby’s collaborate on one of the biggest apartment sales across NW1 and NW8 in recent years.
In Pictures: 300-year-old Berkshire estate with royal roots & working vineyard hits the market
1705 mansion in 146 acres 'captures the English countryside dream’, say agents.
After Starmer: Becky Fatemi on the property stakes in Labour’s leadership contest
The UK does not need to be the lowest-tax country to attract wealth, but it does need to feel steady, warns luxury brokerage chief as buyers & sellers brace for renewed uncertainty.
By Becky Fatemi
Maskells recruits Mayfair specialist Holmgren
The agency's new Director previously worked at Beauchamp Estates.
By PrimeResi
LATEST ARTICLES
Savills instructed on £45mn Georgian estate with over 1,700 acres
IN PICTURES: Inside one of the most significant country listings of 2026 so far, on the open market for the first time in a century.
Knight Frank launches Private Office in India
Saneya Malani is leading the property consultancy's latest UHNW-focused offering.
Agency’s £20mn Notting Hill hat-trick fuels W11 recovery talk
W11 is 'potentially the first emerging recovering market in prime west London', says Strutt & Parker after its latest run of high-end deals.
My Property Career: Quickfire Q&A with Lucie Hirst
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Rightmove faces November hearing in £1.5bn agent fees claim
A big proposed collective action law suit will be considered by the Competition Appeal Tribunal later this year.
By PrimeResi