Lettings
‘Buyers are ready’ but the market’s seen ‘no post-election lift – yet’
"Buyers are ready" says Douglas & Gordon as the estate agency reports a 50% year-on-year jump in the number of new applicants, but vendors are playing it very cool, with 33% fewer new instructions in June…
Marylebone leads prime central London as rental values rocket
Formerly the poor neighbour of Mayfair, Knightsbridge, Belgravia and Chelsea, Marylebone has undergone a seismic transformation over the last few years.
‘Dramatic’ increase in rental values recorded across almost all London postcodes
As stamp duty reforms, tighter lenders and a rising pound put the kibosh on major growth in the sales market, rental values look to have been surging across pretty much every postcode in town.
SE London market unaffected by summer slowdown – JLL
JLL's South East operation is apparently rattling through six sales a week at the moment, which is pretty good going for the height of summer.
Lawes
‘Emerging Prime’ capital values to climb 10% over the next 12 months – D&G
Covering the heartlands of Battersea Park, Battersea, Balham, Clapham, East Putney, West Putney, Southfields & Earlsfield, Hammersmith, Shepherd’s Bush, Pimlico & Westminster and Fulham, the D&G Emerging…
Corporate and overseas demand fuels Home Counties rent rises
Nearly half (47%) of new tenancies sorted out by Knight Frank in the Home Counties between April and June were to international tenants, as the firm's latest rental index shows Home Counties rents rising…
Dukelease unveils £150m Oxford Street scheme
A swanky new scheme has just been unveiled on the formerly-forgotten-about eastern section of Oxford Street.
CBRE ramps up resi lettings offering in London
CBRE has been ploughing more investment into its burgeoning resi business; the firm has significantly strengthened its lettings capability in the capital with a raft of new hires.
James Thornett
Prime global rents lose momentum as emerging markets stall
Prime rents around the world are rising, on average, by 1.3% a year according to Knight Frank's latest spot check. That's significantly down from the rate of 3.5% recorded a year ago.
Huge rise in PCL tenancies as buyers turn to let
One of PCL's top lettings agencies has reported a massive 94% year on year increase in tenancies, seemingly driven by disappointed buyers giving up on the idea of finding their perfect pad.
The Rise of Rent: 250,000 new rental households created in London in the last year
247,000 new rental households appeared in London last year alone, says CBRE, as "the emerging build-to-rent market is beginning to bear fruit."
North London agents team up to launch new firm
There's a new name on the NW London scene.
Former Goldschmidt & Howland Associate Director Lee Cash has just launched his own West Hampstead-based agency, Oakhill Residential.