Lettings
Prices to rise by 25% in five years as ‘no easing in supply constraint’ – RICS
UK House prices are expected to rise by 4.5% per annum over the next five years, delivering a cumulative increase of around 25% according to the latest from RICS.
RICS Forecasts
Profit blow for Winkworth but ‘improved’ housing market ahead
Winkworth has reported a "particularly slow" year in the PCL market and warned that profits for 2015 will be "slightly below market expectations".
Russell Simpson ramps up lettings department
Long-standing Chelsea-based independent Russell Simpson has doubled the size of its lettings division with two new hires.
Prime central London rents drop as tenancies slide by 12%
The number of prime central London tenancies agreed in September was 12% lower than the same month in 2014, reports Knight Frank, as rental values dropped by 0.5% in October.
Supply levels rise as demand wanes in the prime London lettings market
The summer months are traditionally the most active for the lettings market of prime London and 2015 was no exception, notes LonRes in its Autumn Review.
The Rise of Rent: On Build to Rent and the power of small landlords
Build to Rent may be the billion-pound future of investment in the UK's private rental sector, says Hamptons International, but small landlords (with fewer than five rental units) are the backbone of…
Vendor invites buyers to ‘test drive’ £8.35m Marylebone flat
3,000 square foot duplex on Hallam Street offered up as a fully-furnished rental with no minimum term
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…
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.