Average rents set to climb another 5-6% next year, says Zoopla
'The rented sector is stuck in a seemingly endless cycle of low supply and strong demand,' says Zoopla, which 'has kept rental growth in double digits for 18 months in a row.'
Average rents have climbed 9.4% in the last year, and ‘pressures seem likely to continue in the medium term’
Rents are rising across all GB regions, says Hamptons, although the pace of growth has cooled in Greater London and Scotland.
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.
Average GB rent bill has risen 9.9% in the last year
Rental prices continue to climb at an eye-watering pace, reports Hamptons, as capital growth tails off.
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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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