London landlords made an average gross gain of nearly £250k when selling up in 2018
Landlords are holding on to rental units for an average of 9.6 years, says Hamptons
‘Scapegoated’ landlords could face 100% tax rate – IEA
Landlords are being unfairly blamed for the housing crisis, argues influential think tank, as it calls for a roll-back on recently-passed tax measures
Volumes slide further in Prime London’s lettings market as tenants stay for longer
New lets were down by 14% across the prime postcodes in the first three months of the years, reports LonRes, but tenants are choosing to remain in their current properties rather than exiting the market…
New instructions are still falling, but vendors are pricing more realistically
‘Although there are signs of greater realism on pricing from vendors, there is little conviction … that activity in the housing market will pick-up anytime soon’, warns RICS Chief Economist Simon Rubinsohn
Carrington on Q1: Sliding stamp duty receipts and a Brexit fiasco
SDLT was brought in to cool the market, but this one size-fits-all approach has neither worked for the London market nor the Treasury, says LonRes Chairman William Carrington
How to prevent a basement dig from sinking a rental investment
James Robinson explains how he is advising an increasing number of PCL landlord clients dealing with noisy construction works, and looks at the questions raised in regard to disclosure…
Marriott rolls out a global ‘luxury home rental initiative’
Hotel group Marriott is taking on Airbnb in the holiday lettings arena, launching a new top-end home rental platform in the United States, Europe, the Caribbean and Latin America
PCL landlords return after striking out on the sales market
While new listings were still down by 6.3% in the year to March, it was the smallest decline in over 18 months
Mapped: Prime London price & rental growth
Here’s how the capital’s prime neighbourhoods have performed over the last three months
London Mayor calls for mandatory register to enforce short-term letting rules
Central London councils and the Mayor are looking to quell the growth of Airbnb-style short-let properties in the capital, by imposing a new ‘mandatory registration system for anyone wishing to rent out a property for short term let’
London asking rents have jumped by 8.2% in the last year
Asking rents in the capital are at an all-time high, reports Rightmove
Opinions sought on new money-laundering rules for high-end letting agents
The EU’s Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients. A Government consultation has been launched to assess what impact this might have on the industry