Lettings

July's survey of surveyors yields 'concerning' insights on both sales and lettings markets across the UK.

“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.

CBRE estimates that landlords have sold 126,500 rental properties since 2022, as mortgage rates and other costs have escalated.

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."

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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.

'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.

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Regulation could help, but construction of more homes 'remains the real solution', says property industry trade body.

A lot of progress has been made, but some 2.9 million homes in the private rented sector still need work done to upgrade their EPC rating to a C - and the bill could hit £30bn.

The latest Foxtons data tells of a traditional Summertime surge of activity in the rental market.

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