Lettings
Industry welcomes lettings regulation
A whole bunch of lettings industry organisations have been cheering the Lords decision to to introduce a modicum of regulation to the lettings business.
“Remarkable” resurgence in £5m+ activity – W.A. Ellis
There was a "remarkable" resurgence at the upper end of the prime central London sales market in February, according to W.A. Ellis, with a marked rise in both transaction volumes and instructions.
Balance of power shifts to tenants as supply of prime rental stock shoots up
After a significant shift in supply levels, the pendulum of power in London's prime lettings market appears to have swung away from the capital's landlords, according to Chesterton Humberts' latest findings.
Lettings ads must now show all compulsory fees
The Advertising Standards Authority (ASA) has decreed that lettings agents must include details of all compulsory fees in their property advertising.
London drives strong investor returns as UK resi portfolios deliver 8.9%
Residential investment continues to outperform inflation and commercial real estate, according to the latest IPD UK Annual Residential Property Index, with returns from portfolios in the private rented…
Prime London house prices up again; country house and rental markets still falling – Knight Frank
Another rise in prime central London prices last month (0.4%) has contributed to a significant 8.1% year-on-year increase, according to Knight Frank today.
Everyone’s a Winner: ESTAS shortlist announced
The extensive shortlist for the ESTAS has been unveiled, with winners due to be patted on backs by event host Phil Spencer (for the tenth year) on 19th April at the Park Lane Hilton.
New lettings boss for Cluttons
Cluttons has appointed Zoe Innes as Partner for Residential Lettings, responsible for lettings operations across all of the firm's nine Central London offices.
50% hike in January offers – Douglas & Gordon
Interesting noises from the Douglas & Gordon camp this morning, with reports of a 50% year-on-year increase in the number of offers made in January.
Prime rents generally flat as a pancake (only W8 crept up) but 2013 could pan out well
Despite a 23.2% year-on-year increase in applicant numbers in the three months to January, rents in prime central London fell 0.
Search agency offers “one-day guarantee”
A property search agency in London has announced the punchy pledge of a "one-day guarantee", promising placement for rental clients in a single, high-octane day of between 18 and 24 viewings.
Large prime houses soar 35% in stellar year
PCL Sales - John D Wood