PCL lettings market ‘beginning to tip in favour of landlords’
The number of new prospective tenants to every new rental listing was 4.9 last month, according to Knight Frank, the highest ratio in more than ten years
First-time buyers outpace home-movers for the first time since 1995
The number of home-movers dipped by 1% in the first six months of this year, says Lloyds Bank
Law Commission outlines enfranchisement regime overhaul
Radical proposals aim to provide a “better deal” for leaseholders as consumers
Market Snapshot: King’s Cross
Achieved prices, transactions and viewing levels all on the rise in the regenerated hotspot, says Knight Frank
Hot or Not: Ranking the top 10 national & London micro-markets for buyers & sellers
The five toughest places to sell a property are currently in London, according to a new ‘house selling weather forecast’ tool
Homes with a sea view attract a 29% price premium – Rightmove
Garages, gardens, swimming pools and sea views are the most searched-for terms in the property portal’s new Keyword Sort feature
Councils given new powers to ramp up tax on empty homes
Bills to quadruple on properties left vacant for ten years or more
House prices post slowest annual growth since 2013 – UK HPI
The average property price in Greater London has fallen by 0.4% in the last year, according to official figures; it’s the worst-performing UK region
Bulk buyers behind nearly 40% of London’s new-build sales
Over 2,000 new-build units offloaded in bulk deals during Q2, while private sales tanked by a third
Westminster investigating 1,200 properties in short-let clampdown
“No stone will be left unturned”, warns council
Slowdown in buy-to-let transactions ‘is not necessarily bad news’ – LendInvest
“A ‘buy, hold and remortgage’ strategy is some investors’ preference while the market works through a possible slowdown”, says LendInvest
The top of the market is now driving growth in London – LSL & Acadata
Turnaround in the capital as the three most expensive boroughs outperform