Prime London rents show ‘early signs of bottoming out’

Rental values in the capital’s prime resi markets have fallen by an average of 9.6% since the Brexit Referendum in 2016 – but the pace of declines slowed in 2018, and Savills is predicting a new phase of positive rental growth for London and its prime commuter belt.

Carrington on Q4: Gauging the tipping point

Assuming a discount of about 20% against house prices at their peak, in 2014, the £2.5m house or flat becomes £2m which allows the purchaser to factor in stamp duty and provide insurance against uncertainty in the market, says LonRes Chairman William Carrington…

PCL prices fail to stabilise; volumes continue to slide

Prime Central London transaction levels are now almost 50% lower than they were five years ago, reports Strutt & Parker, while prices ended 2018 at the lower end of the forecast; agency manages to buck trend with volumes up by over a quarter