Lettings
Trading Places: UK landlords holding onto properties for 5 years longer post-recession
On average, UK landlords currently trade their properties every 17 years, compared to every 14 years for homeowners, according to some interesting new findings from the country's biggest estate agency.
‘Summer boom’ for Mayfair lettings as viewings jump by a fifth
The number of viewings for rental properties in Mayfair has surged by 20% in the last three months, while the number of new prospective tenants has jumped by 25%, reports central London lettings agency E…
Finchatton’s Lansbury penthouse hits the rental market
The marquee apartment in Finchatton's recent super-prime scheme next to Harrods has just come up for rent.
JLL launches Nine Elms resi office
JLL has opened its eighth resi office in the capital, right in the Nine Elms mixer.
Rising interest rates and a slowing global economy top property market risk list
Rising interest rates are the biggest threat to property price performance in the UK, says Knight Frank, as it charts the biggest risk factors to the market.
One57 apartment asks $150k a month
An apartment in New York's super-prime One57 development has hit the market for a colossal $150,000 per month.
London gears up for £100m short let boom as super-rich descend for the summer
An estimated £50-£100m will be spent on short let serviced apartments in prime central London over the next few weeks, as some of the world's wealthiest descent on the capital for their annual sojourn.
Rise of the Renters: Yields tighten as PRS sector blooms
Regional cities outside of London have been the driving force in a significant lift in the number of households in the private rented sector (PRS) over the last decade, says Knight Frank, but yields across…
Domestic buyers and new-builds dominate ‘soaring’ West End market
The resi sales market in the West End has "soared" since the election, reports CBRE, with enquiry levels and average values both up by nearly a third.
Harrods Estates instructed to let ‘Marylebone’s most luxurious apartments’
The lettings team at Harrods Estates has landed a peach of an instruction in W1.
Chelsea landlord offers £2,700 per week DIY rental
In an unusual move, the landlord of a rental property on Mulberry Walk is tempting prospective tenants with carte blanche to completely redecorate a whole house.
85% of tenants are now opting to renew contracts – Foxtons
Foxtons is reporting that a record number - 85% - of all its tenancies are renewing contracts.