Lettings
Rental instructions up 53% on 2010 as supply continues to outstrip demand – Lonres
The big story in London's rental market over the last year has been the level of supply far exceeding that of demand, according to the just-released Lonres Winter Review. The numbers are profound;
Indecisive vendors balance growing appetite to cash-in on London market
"Indecisiveness about whether or not to sell is still proving a stubborn obstacle," says Douglas & Gordon, despite a 20% lift in the number of valuations its taking on in January compared to last.
Didn’t See That Coming: 2013 Forecasts in Review
The Lonres Quarterly Review has delivered again, with a smorgasboard of stats, insight and trends from the last three months and beyond.
PCL rents finally on the rise as economy rebounds
Prime central London rents rose for the first time in 21 months in January, according to Knight Frank.
It was only a 0.2% increase, but that's still the biggest since September 2011.
Rental Breakdown: What tenants want
Affordability, unsurprisingly, is top of tenants' reasons for renting, but flexibility is a pretty important factor, according to to a new report from Savills and YouGov that comes just a few days after…
PRS has doubled in size in 14 years, and returned 11.3% in 2013 – Knight Frank
The UK’s private rented sector (PRS) has more than doubled in size in the last 14 years, says Knight Frank as it turns its research heft to the lettings market, producing a new index that tracks that…
Hamptons launches Henley lettings operation
Hamptons has introduced a new lettings division to its Henley office after "strong local demand."
“Strong competition” for investment flats – W.A.Ellis
There's a fully-fledged bunfight for sub-£2m investment properties, according to the latest market report from W.A.
Average rents rise by 2%, but drop in the South East
Average rents across the country rose by 2% in 2013 in "a year of rebalancing as the economy recovers," according to Countrywide's annual lettings index.
Big annual rise in tenancies but void periods “creeping in” – W.A.Ellis
PCL agency W.A.Ellis has reported a beefy 50% leap in the number of tenancies it agreed last year (compared to 2012), although rents only increased by 2.8% overall (0.4% less than than in 2012).
Developing Market: 10% of Chelsea buyers are developers
International buyers accounted for 56.5% of Chelsea specialist Russell Simpson's sales last year, while nearly three quarters of new tenants were from overseas.
Strong finish for D&G as December activity spiked
December kicked right off in Douglas & Gordon's patch, with a 50% increase in the number of properties hitting the market, a 20% jump in new buyer registrations and a 40% hike in the number of offers received.