Lettings

A sluggish global economy kept a lid on prime rents around the world last year, but New York and London should see values rise in 2015, according to Knight Frank's latest check.

There's a "new paradigm" in the London market, notes Douglas & Gordon, after supply levels charged by 60% over the last year while demand slipped by 30%.

Landlords at the top end are likely to start placing more reliance on their agents for guidance on immigration checks, following the introduction of a controversial pilot scheme earlier this month

It's been a year of two halves in the PCL lettings market, says Lucy Morton, with the supply and demand pendulum swinging towards supply in the latter half of the year

The Cadogan Estate has collaborated with design bible Wallpaper* on a pretty innovative pop-up project at its new scheme in Knightsbridge.

About 20,000 rental properties in London are worth £2m or more, says Knight Frank. A mansion tax on the these homes could have some significant unintended consequences for tenants and landlords...

PCL-based independent Henry & James has hired Steve Cook to head up its Belgravia lettings team.

Following recent reforms allowing Londoners to let their property on short leases without the need for permits, an increasing number of high value homes have appeared on short term letting websites. B

The priciest rental apartment in New York City has finally found a tenant.

London's rental prices are likely to rise by 10% next year, thinks Marsh & Parsons, driven by strong tenant demand and a flourishing corporate sector.

It looks like London's super-rich are opting for to wait and see for the next 12 months, as the very top-end of the rentals market - with six and seven figure annual rents - booms

"Exponential growth" since last year's launch of luxury new-build specialist estate agency Johns & Co has meant the firm has just recruited a batch of new faces, including a key hire from Knight Frank.