Investors are pulling back from prime London
Needs-based buyers increasingly driving demand in the capital, reports Knight Frank
Prime London’s lettings market in five charts
Demand from tenants is rising, says Chestertons
Property market shows ‘a few signs of life’ but remains flat – RICS
‘Activity indicators still point to little impetus,’ say surveyors
Ranked: The most expensive world cities to relocate to
Dubai, Auckland and San Francisco are the most expensive world cities to move to for a month, according to Nestpick
Second home rentals reach an all-time high
The number of UK properties rented as second homes has jumped by 136% over the last decade, according to research by Hamptons
British Land is ‘in talks’ with rental brand Fizzy Living
Blue Chip property firm is said to be in early-stage talks to acquire a significant build-to-rent platform in London
Prime London Market Snapshot: May 2018
Spike in price reductions as more properties are offered for sale
Spike in buy-to-let investors selling up
Letting agents reported a marked increase in the number of landlords selling up in April, says ARLA
Market Snapshot: Chelsea bottoms-out
Demand for properties in Chelsea ‘has strengthened notably over the last 12 months,’ says Knight Frank, ‘and we now frequently see competitive bidding for well-priced properties’
Prime Central London’s sales market ‘may not return to its previous state’, but prices will rise a bit – JLL
Agency forecasts 8.7% property price inflation by 2022 in PCL, and warns that transaction numbers may not recover from 2016’s SDLT changes
Prime London property prices are likely to rise by 12-13% over the next five years
Knight Frank’s latest set of forecasts identify five key factors affecting the UK’s residential property markets