London’s rental market is heating up
‘The majority of tenants registering with us now see their return to the office as imminent’, reports Chestertons
Renting a home is ‘cheaper than buying’ for the first time since 2014
Pandemic-induced property trends mean it is now cheaper to rent a home than buy one, says Hamptons, reversing a six-year trend.
Property sales boom ‘is not anticipated to last’ but ‘there is no sign of house price inflation losing any steam’ – RICS
Surveyors report the widest mismatch between property supply and demand since 2013, as agreed sales numbers continue to rise ahead of the end of the Stamp Duty holiday.
‘More balance is returning’ to prime London’s rental market
Rising tenant demand is helping to reverse pandemic-induced rental value declines in Prime London, reports Knight Frank.
Residents rate build-to-rent more highly than build-to-sell developments
The average “star rating” for a building on reviews platform HomeViews in 2020 were 4.39 out of 5 for Build-to-Rent residents and 4.16 for tenants of Build-to-Sell schemes, with regional city locations out-performing London.
London’s rental relocaters advance to Mayfair
Agency reports surge in enquiries from tenants looking take advantage of lower rents in the capital’s most exclusive neighbourhoods.
What’s next for prime markets? Eight factors shaping the top end of the UK’s property market
A year after the pandemic struck, Savills is “optimistic” about the outlook for Britain’s prime property markets…
Lettings market picks up around London’s major business districts
A ‘shift in mind-set’ has taken place, according to Knight Frank.
Five years on: How 2016’s tax changes have shrunk the buy-to-let market
“The tax changes introduced from 2016 onwards have undoubtedly taken the heat out of the buy-to-let market,” argues Hamptons’ research chief Aneisha Beveridge. “Landlord purchases have dropped and consequently the rental sector is 7% smaller than it was at its peak in 2017.”
Property prices continue to climb as supply fails to meet demand
The number of new sales and lettings instructions fell back sharply in April, according to the RICS, while demand continued to rise.
Tenants return to city centres as London affordability hits a ten-year high
Demand for city centre rental properties is rising, reports Zoopla, with London rents having bottomed out in February.
Prime London sales dipped in April, but are set to bounce back sharply
“The dip in sales in April is temporary,” says Knight Frank, as the number of offers accepted in Prime London spikes.