Lettings
Central London rents likely to recover to pre-pandemic levels within a year – Hamptons
Average rents in central London have fallen by 16
Prime London records first rental growth since start of the pandemic; commuter zone soaring
‘Lockdown deals’ are no longer a feature of the market, reports Savills.
House prices likely to rise further as supply falls again – RICS
Faltering supply continues to underpin house price inflation across the UK, reports the Royal Institute of Chartered Surveyors.
Prime lettings market is ‘on the verge of a notable escalation in activity’
New applicant numbers last month were nearly double the levels seen in 2019, reports Knight Frank.
Investors lose taste for buy-to-let
After hitting a five-year high in February, landlord purchases in May fell back to the record low levels seen in 2019.
Rental demand reaches an all-time high
Propertymark member branches have an average of 97 tenants on their books, up from 82 in April. It's the highest figure on record for the month of May, significantly higher than last year's 70.
Hong Kong buyers & tenants hone in on London
New visa regulations and the imminent easing of travel restrictions have 'revived London’s appeal as an investment and lifestyle hotspot', says Chestertons
London’s rental market is heating up
‘The majority of tenants registering with us now see their return to the office as imminent’, reports Chestertons
Renting a home is ‘cheaper than buying’ for the first time since 2014
Pandemic-induced property trends mean it is now cheaper to rent a home than buy one, says Hamptons, reversing a six-year trend.
Property sales boom ‘is not anticipated to last’ but ‘there is no sign of house price inflation losing any steam’ – RICS
Surveyors report the widest mismatch between property supply and demand since 2013, as agreed sales numbers continue to rise ahead of the end of the Stamp Duty holiday.
‘More balance is returning’ to prime London’s rental market
Rising tenant demand is helping to reverse pandemic-induced rental value declines in Prime London, reports Knight Frank.
Residents rate build-to-rent more highly than build-to-sell developments
The average "star rating" for a building on reviews platform HomeViews in 2020 were 4.39 out of 5 for Build-to-Rent residents and 4