Lettings
Stock shortage will put brakes on recovery – Foxtons
The market is "taking time to recover" from the General Election, says Foxtons plc in its latest trading update; the firm's figures are looking decidedly healthier already though..
Qatari-financed bank backs central London resi fund
Residential fund/asset manager London Central Portfolio (LCP) has teamed up with the Qatari-backed Al Rayan Bank, which opened a flagship branch in Knightsbridge last year, to finance its latest Sharia-compliant pro…
Agency reveals most popular (and outlandish) buyer requests
London-based estate agency Marsh & Parsons has been spilling the beans on some of the more outlandish requests fielded by the firm's sales and lettings offices across the capital.
Westminster sees highest rent increases; K&C is the most expensive
Average rents for private properties increased faster in Westminster than anywhere else in England in 2014, rising by 28.4%.
87% of English countries saw rents rise; 13% saw drops
A Dull Market: Momentum wanes in London
It's "a dull market in the capital" says London estate agency Douglas & Gordon, as the number of properties available to buy slumps yet further
Dog Houses: Central London tenants’ £25,000 pet-premium
"30% of all tenants seeking a London flat to let are dog owners," claims lettings specialist EJ Harris, and there aren't enough pet-friendly residences to go around.
It’s cheaper to buy than to rent in over a third of British cities – Zoopla
"The financial strain of buying can be overstated," says Zoopla (if you ignore deposits and purchase fees etc, and bank on interest rates staying low), as the portal informs us that it's cheaper to buy …
Agreed sales pick up as demand escalates – RICS
"It is hard not to see prices continuing to move higher over the coming months and into the early part of 2016," says the RICS' chief economist, as the Institute's latest data shows an uptick in agreed…
Prime global rents ‘struggling for growth’
"The heady days of 5% annual growth look unlikely to be repeated for some time," says Knight Frank's Kate Everett-Allen, as the firm's Prime Global Rental Index hovers close to the zero mark.
Another Home Counties acquisition for Strutt & Parker
Strutt & Parker has snapped up a three-office agency with a strong presence across Surrey and Berkshire.
Grosvenor offers two Mayfair blocks for £120m
Grosvenor has put the long leases of two super-prime residential developments in the heart of Mayfair up for sale for £120m.
PCL agency reports rise in sub-letting scams
A Knightsbridge firm has warned of a spike in sub-letting "scams" after being approached by a number of hacked-off landlords.