Lettings
PCL’s ‘uber-tenants’ budgeting up to £100k per week
Super-rich renters are setting new records in the capital's top neighbourhoods, reports boutique agency.
London rents fall as supply improves
London's average weekly rent fell 4% last month, says Foxtons. But rental prices are still 14% higher than at this time last year.
PCL sales tumble by a fifth – but ‘taking a longer-term view shows a different picture’
JLL's Prime Central London index for Q1 2023 tells of a 4.3% annual decline in achieved sold prices, and a 5.5% increase in achieved rents.
‘Demand in the super-prime rental market is driving a new dedicated advisor’
Buying agents are de rigeur at the top-end of the sales market, but increasing numbers of HNW tenants are retaining specialists to find their next home and streamline the moving process, says DDRE Global's Alex…
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 Chestertons, RICS, Rightmove, CBRE, Savills & more...
Retirees drive landlord sales as BtL demographics shift ‘irrespective of the tax or regulatory changes’
Hamptons estimates that around 140,000 landlords retired in 2022, accounting for nearly three-quarters (73%) of all landlord sales.
Estate agency heralds ‘good news for London renters’ as lettings supply improves
Chestertons has nearly a third more rental stock on its books now than at this time last year - but tenant demand is still running hot.
New short-let rules floated, requiring planning permission for holiday rentals
The government is pressing on with plans to regulate the holiday rental market, suggesting a new planning use class for short-term rentals, and a register of to keep track of them.
Property market ‘remains downbeat overall’ – RICS
Surveyors expect the weak sales market to continue for 'a while longer', before more stability returns.
PCL rents have risen by 27% since the onset of the pandemic
The frenetic conditions of the last 18 months look to be calming down, but rental growth is still high by historical standards.
Westminster Council ‘ready to lead’ on short-term rental regulation
'Short-term lets have been widely abused - when you have one residential block renting out more rooms than the Ritz every night, you know the system needs reform,' says the leader of Westminster City Council.