Lettings
Prime global rental growth hits five-year low
There's been "a notable slowdown" in top-end rents around the world over the last quarter, says Knight Frank, as the agency's Prime Global Rental Index records its weakest annual growth rate since 2009.
Period Passivhaus: Grosvenor retrofits create London’s greenest period rental properties
Following up on its BREEAM Outstanding-rated retrofit in Belgravia, Grosvenor is bringing home even more from the sustainability front, retrofitting three rental properties in Mayfair and Belgravia to…
Sub-Letting Go: Just how significant are the proposed changes to short term tenancy agreements?
Although there was no property tax 'bomb shell' in this year's Budget, buried deep in the small print were some proposed changes to short term tenancy agreements. L
Full Frontal: HNW tenants pay £200k up-front in ‘frenzied’ PCL rental market
One in five new tenancies in prime central London is being let with six-to-12 months' rent - typically around the £200,000 mark (including deposit but excluding letting agent's fees) - being paid up-front, wi…
Short supply puts prices back on the rise – except in London
London was the only place in the UK where more surveyors reported price drops than rises in February, with price increases across the rest of the country re-emerging due to the demand supply imbalance, ac…
Forty Minutes Flat: Is this London’s fastest ever rental deal?
A one bed flat on Pollen Street has apparently just set a new record for the capital's rental market, after closing in just 40 minutes.
EJ Harris to double in size as PCL lettings boom continues
A combo of Stamp Duty reform and election wobbles have generated a 30% increase in vendors looking to let rather than sell over the last two years, according to one PCL lettings agency.
PCL rental growth hits three year high, but caution is ‘the dominant mood’
"The dominant mood in the prime central London lettings market in February was one of caution," says Knight Frank, despite rental price growth hitting a three-year high in February.
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D&G: One in five vendors now looking to sell ‘off-market’
"Buyers need to dig deeper than just looking online" says Douglas & Gordon, as a growing number of vendors are requesting that their properties be offered for sale on the quiet in the run-up to May's election
PCL lettings market ‘set for a boost’ as sales transactions plummet
A grand total of 693 properties were sold in prime central London during Q4 2014, according to Strutt & Parker and Lonres. That's 32.5% down on the same period in 2013.
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‘The short-term confidence outlook is negative’ as January chills – RICS
The RICS has confirmed what everyone else is seeing, reporting that the national and London markets are cooling right down with prices, enquiries and sales all tailing off in January.
PCL lettings market flourishes as would-be vendors wait and see
The prime central London lettings market saw a flourish of activity in the first week of January, followed by a steady stream of enquiries, viewings, and subsequent new tenancies, reports Knightsbridge-based…