Lettings
Marsh & Parsons to open three more branches by Christmas
London-based agency Marsh & Parsons clearly made some serious hay while the sun shone in H1.
Interim results released by owner LSL show that M&P's revenue in H1 increased by 19% to £16.1m (up from £13.
Q2 rise for stock levels, withdrawals, fall-throughs & time taken to agree a sale
"As the property market continues to slow down, we may enter a period of calm where asking prices, especially in new developments, are reassessed", says William Carrington in his introduction to the results…
Prime London rents return to 2007’s peak
The prime lettings market has "picked up" in the first half of the year, says Savills, as a slow-but-steady economic recovery drives confidence and employment.
Record prices and booming transactions as financial sector drives Midtown market
A couple of recent reports have flagged up the changing face of London's Midtown rental market: Savills argued here that technology workers are reinventing the corporate lettings landscape, while LCP claimed…
50% lift for Home Counties rental market
It's been a strong Q2 for the lettings market in the Home Counties as rents have risen for the second quarter in a row, but are still 3.8% down on the year.
Tiny Dancer: Mini-bar micro-flat hits the market in Mayfair
"Party pads" tend to be chunky affairs with ballrooms and big kitchens, not 323 sq ft studio flats on the fourth floor.
Capital growth drives PRS returns
Average total returns from the Private Rented Sector have nudged up from 11.3% in Q4 last year to 12.
How tech workers are re-inventing London’s corporate rental market
London's corporate rental landscape is changing, says Savills, as the traditionally dominant financial and insurance sectors give way for techno-tenants.
‘Buyers are at last enjoying some choice’ – D&G
"It looks like it could be a busy Autumn" says Douglas & Gordon in its latest market barometer, as London's supply/demand imbalance starts to, well, balance a bit.
Average UK prices breach 2007’s peak
After a 1% rise in June to take the annual increase to +11.8%, average UK property prices have now breached their 2007 peak, says Knight Frank.
Marylebone now a ‘top three’ location as rental values surge
The capital's lettings landscape appears to be undergoing some pretty significant changes right now.
‘Market forces are alive and well’ as PCL self corrects – Knight Frank
After 44 months of on-the-trot growth, prime central London is beginning to moderate itself says Knight Frank, as prices continue to rise but exchanges, viewings and new applicant numbers fall compared…