Lettings

The number of 'ultra-high-end' rental deals in London has doubled in the last year, new figures indicate.

There were 18.3% more homes on the market at the end of last month than a year earlier, LonRes data shows.

The Office for National Statistics has updated the methodology behind official UK house price data, resulting in lower inflation readings.

The number of properties going Under Offer has been above previous years' levels for the past two months, yet Sales Agreed are still falling short.

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'75% of family houses were let at the asking price or above on the first viewing' in July, reports Savills.

Supply, demand & prices all slipped back in July, reports the RICS.

26% fewer sales were agreed in the first week of August compared to the last week of July.

Knight Frank reports demand from global firms & students driving rents higher despite economic headwinds.

London rents have fallen by an average of -3% in the last year, says Hamptons, while the national average is down by a marginal -0.2%.

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'It is apparent that we are losing longer-term residents as a result of changing legislation,' warns Martin's Properties.