Lettings

Wealthy buyers bought a record £439mn-worth of £10mn+ homes in the first half of this year, reports JLL, contradicting some rival market reports.

LonRes recorded an annual decrease of 2.5% in lets agreed and a 5.1% fall in new instructions last month - while rental growth slipped to 0.4%.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, Rightmove, Beauchamp Estates, Benham & Reeves, HMRC, Foxtons, Savills, Knight Frank…

Rents are still rising in London and the regions, but Savills warns of 'misalignment' between tenant and landlord expectations.

Surveyors 'have confidence in the newly elected Labour government,' concludes the Royal Institute as housing market optimism builds.

The latest data suggest last week's General Election had little real effect on home-buying and selling activity across London's prime postcodes.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Savills, Knight Frank, Propertymark, Foxtons, Rightmove & more...

Watch what the government says over the summer and what it does in its first Budget later this year, advises Knight Frank's UK resi research chief.

Almost all tenancies agreed in the last month above £1,000 pw have been below the asking rent or subject to a rent reduction, reports Knight Frank.

'It is unlikely that landlords will be running for the exits on Friday - no matter what happens', concludes Foxtons after quizzing over 1,000 property investors.

Property portal calls for government interventions to help narrow the gap between rental supply and demand.

While still quieter than in previous years, buying and selling activity in the capital's prime postcodes does not seem to have been massively affected by the imminent General Election.