Average rent outside London tops £1k PCM for the first time
'Affordability constraints will likely hit the brakes on rental growth at some point this year,' says Hamptons - but the estate agency warns 'it’s unlikely to slow considerably due to the number of landlords looking to pass on their rising costs.'
Rents climb further as supply/demand mismatch ‘set to continue for some time’
Rightmove listed 46% fewer rental properties in Q1 this year than in Q1 2019, while processing 48% more tenant enquiries.
‘Bottleneck’ continues in London’s rental market as demand remains high and supply low
'Renters may need to change tactics in the coming year, setting aside more time for their property search and preparing to move fast when they see something they like,' says Foxtons.
London tenants cross the M25 in record numbers
Rental prices continue to escalate across the country, reports Hamptons.
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In Pictures: £24.75mn show apartment unveiled at luxury Mayfair scheme, 60 Curzon
A flurry of sales have been finalised at the Art Deco-influenced project in recent months.
Luxury agency UK Sotheby’s International Realty launches property buying arm
The London-based brokerage has already signed up private clients with a combined £300mn to spend on high-end homes in 2025.
Big-ticket townhouse sale completes in Marylebone
Buyer exchanged on 'incredible' mixed-use proposition, listed at £22.5mn, just before the Budget.
High-flying agent joins Harding Green in Clapham
Catherine Wilson previously worked at Douglas Elliman in New York, and ran sales for the King's Cross & Battersea Power Station developments in London.
Buying agency flags ‘window of opportunity’ for house-hunters
It's shaping up to be a busy winter season for the property market, suggests Recoco.
Global branded residences sector to double in size over the next seven years, predicts agency
Demand for high-end branded product is showing no signs of slowing down, reports Savills, revealing another 60 names are poised to enter the space by the end of the decade.
Luxury Property Forum founder announces global ambitions
In Pictures: Priya Rawal hosts the LPF Christmas Soiree at Ginza St James's.
Ending non-dom tax breaks has cost £140mn in ‘lost’ Stamp Duty revenue, claims agency
Knight Frank believes speculation over tax changes caused a 'shortfall' of 142 high-value property sales since March, resulting in a 'theoretical loss' in revenue for HMRC.
Foreign buyers shift focus in UK property market amid changing trends & taxes
The proportion of overseas buyers has risen to 27% in London, new stats show, with Asian investors at the forefront.
Global sports star nets Bugatti-branded penthouse
Developer Binghatti reveals A-list buyer at latest ultra-luxe project in Dubai.
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Some leasehold reforms to be enacted ‘at pace’ next year, promises government
The 'two-year rule' will end in January, but the announcement of more consultations mean major changes to the leasehold system are still some way off.
Five key trends shaping Alpine property markets in 2024-25
Property markets in Europe's traditional ski resorts are proving 'resilient', says Knight Frank, as wealthy buyers discover the mountains' year-round appeal.
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In Pictures: Extraordinary Jersey mansion seeks £35mn
This 'Mayfair specification' super-prime house overlooking St. Brelade's Bay is 'the ultimate retreat for discerning homeowners', say agents.
Estate agents report another rise in agreed sales
Propertymark expects home buying & selling activity to 'accelerate over the coming months moving into 2025.'