Lettings
London gears up for £100m short let boom as super-rich descend for the summer
An estimated £50-£100m will be spent on short let serviced apartments in prime central London over the next few weeks, as some of the world's wealthiest descent on the capital for their annual sojourn.
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Rise of the Renters: Yields tighten as PRS sector blooms
Regional cities outside of London have been the driving force in a significant lift in the number of households in the private rented sector (PRS) over the last decade, says Knight Frank, but yields across…
Domestic buyers and new-builds dominate ‘soaring’ West End market
The resi sales market in the West End has "soared" since the election, reports CBRE, with enquiry levels and average values both up by nearly a third.
Harrods Estates instructed to let ‘Marylebone’s most luxurious apartments’
The lettings team at Harrods Estates has landed a peach of an instruction in W1.
Chelsea landlord offers £2,700 per week DIY rental
In an unusual move, the landlord of a rental property on Mulberry Walk is tempting prospective tenants with carte blanche to completely redecorate a whole house.
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85% of tenants are now opting to renew contracts – Foxtons
Foxtons is reporting that a record number - 85% - of all its tenancies are renewing contracts
Immigration Bill: Why Greg Clark should let letting agents do their job
All this unpaid work is making life so tedious that it's almost not worth doing the job at all, says Trevor Abrahmsohn...
Prime London Lettings Market Overview: Analysing Q2’s ‘important shift’
In stark contrast to what's being going on in the sales market, average rental values across prime London are now 7.4% higher than they were at this point last year.
Prime London rents falter as bankers’ optimism fades
Rental values in prime central London have dropped - albeit by the smallest of measures - for the first time since February 2014. July saw PCL rents fall by 0
Prime central London sales transactions jump 21% in Q2 – JLL
Sales transactions in prime central London rocketed by 21% in Q2 compared to Q1 of this year, says JLL, but levels are still 32% down year-on-year.
Private rents have risen by 2.5% in the last year
Rents have risen by 2.5% across Great Britain in the last 12 months, and by 3.8% in London, according to the last Private Housing Rental Index from the Office of National Statistics
Prime London rental growth struggles to keep up with inflation
Prime rents have risen by 1.5% in London in the last 12 months, after a +0.