Lettings
Prime London rental stock is still in short supply
Even after a 25% increase last month, available stock levels remain around 57% below the typical pre-pandemic level for this time of year, reports LonRes.
London rental supply improves, but ‘competition is still fierce’
Foxtons reports a 6% improvement in lettings stock in the capital.
Average GB rent bill has risen 9.9% in the last year
Rental prices continue to climb at an eye-watering pace, reports Hamptons, as capital growth tails off.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Knight Frank, Hamptons, JLL, Benham & Reeves & more...
Tenant Trends 2023: Households are ‘prioritising the neighbourhoods over the home’
"There is less emphasis being placed on the home itself and more on what the local area can provide," says JLL after surveying private renters across London and the UK.
Sales market ‘continuing to lose ground’ while rentals remain hectic – RICS
July's survey of surveyors yields 'concerning' insights on both sales and lettings markets across the UK.
Lettings supply rises in Prime London as sales market stutters
“We are starting to see a noticeable shift in stock from the sales markets to the lettings market as owners are not able to sell for the asking price,” says Knight Frank.
400,000 UK rental homes ‘lost’ since 2016
CBRE estimates that landlords have sold 126,500 rental properties since 2022, as mortgage rates and other costs have escalated.
Savills: On forecasting in an ever-changing property market
One of the property sector's top research teams pulls back the curtain on the tricky business of making market predictions, as they warn of "some further price adjustments to come."
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from JLL, Halifax, Coutts, the Bank of England, Knight Frank, REDD & more...
Demand still outstripping supply in PCL’s rental market
A drop in buy-to-let transactions during the pandemic has hit supply levels, reports LCP, and the average rent per sq ft is now 21% above the 10-year average.
From cash-rich buyers to overly-aggressive tactics: Five key trends in the PCL market right now
'We have seen several instances recently where overly-aggressive tactics and tone have been deployed by a seller’s estate agent or lawyer, which has nearly derailed a transaction close to exchange unnecessarily.'