Lettings

As rents continue to rise, Rightmove has flagged stretched affordability, the Renter’s Reform Bill and a balancing act for landlords as the key trends to monitor in the year ahead.

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

The last weekly sales and lettings update of 2023 from LonRes confirms that top-end London property agents had a much quieter year than in either of the previous two years.

'2023 was the year the convulsions caused by the pandemic in the prime London lettings market began to dissipate,' says Knight Frank's residential research chief, as he looks back at the past 12 months…

'The only thing that is certain is uncertainty,' notes Jackson-Stops chairman Nick Leeming, sagely, after polling property market predictions from estate agents around the country.

2023's seasonal property market slowdown is even more marked than in previous years, according to the latest LonRes prime London data.

"For savvy buyers who are less credit reliant, it could be that the most attractive UK property purchasing opportunities are seen in the earlier months of 2024, prior to the market gaining further traction,"…

Rightmove expects the average GB asking rent to rise by 5% in 2024 - rather than another year of double-digit rental growth.

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

November's annual rate of 6.9% was the lowest seen since September 2021, reports LonRes.

UK resi values are likely to 'fall marginally' in 2024, says property consultancy.

Sentiment in the property market is becoming 'a little less negative', says the RICS.