Lettings

Fresh LonRes data suggests a relative rush of repricing activity in prime London over the last few weeks.

Knight Frank's Tom Bill explores the latest movements in the prime London lettings arena, flagging increased rental supply and 'early signs that more landlords are considering a sale' ahead of the General…

'The gap between asking prices and market expectations has narrowed slightly but remains significant,' says estate agency trade body.

7% more new sales instructions have been listed on LonRes so far this year than in the first 17 weeks of 2023, but 7% fewer sales have been agreed.

The pace of rental price growth is cooling fastest in London, says Rightmove, as more top-end properties see asking price cuts.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, Foxtons, Lloyds Bank, Rightmove, JLL, Savills, Knight Frank, Halifax & more...

Foxtons saw small increases in both rental supply and tenant demand last month.

'There are encouraging trends across the sales and lettings activity' in Prime Central London, says research chief Marcus Dixon.

LonRes data shows a sharp increase in price reductions over the last two weeks.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Savills, Rightmove, Garrington, Acadata, Knight Frank, LonRes, Chestertons & more...

Annual rental growth of 3.8% was up only slightly last month, while activity levels fell back after a good start to the year.

Fresh LonRes data point to a spike in prime London properties going under offer following the Easter break, coinciding with a sharp increase in price reductions and new instructions.