Lettings
Prime London Market Snapshot: Tight supply & returning demand push prices & rents up in PCL
"The property markets in central and outer London are increasingly on different trajectories," says Knight Frank, as the latest market indices shine a light on sales and lettings trends.
International execs returning to PCL, reports agency
Corporate relocation searches were up by 150% in Q1, according to Winkworth, in a 'positive sign' for the sales market
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest market movements in less than five minutes, featuring data and analysis from LonRes, Hamptons International, LCP, Savills, Knight Frank & Rightmove
PCL rental stock has dropped 75% as tenants return to town
“The recovery of the rental market has led to a shift in tenant profiles,” says LCP boss Andrew Weir, “as older tenants return to the office and outcompete young professionals and students.“
‘Spring is in the air’ as property supply turns up – RICS
"It is encouraging that a little more stock appears to be returning to the market," says the RICS' chief economist.
‘Most competitive rental market ever’ drives record rental price inflation
Average asking rents have risen by over 20% in Central London over the last year, and by 11% outside of the capital.
UK house price growth to slow as cost of living bites – Knight Frank
House price inflation is likely to "unwind" back to single figures across the UK, predicts Knight Frank, although Prime Central London is set for higher price growth as global travel resumes.
PCL’s property market posts busiest Q1 in five years, but the recovery ‘may be more muted than we’d hope’ – JLL
“We still expect PCL to be one of the best performing markets in 2022, as the resurgence of the city continues," says JLL's new research chief, Marcus Dixon - although "delays in overseas buyers returning…
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest market movements in less than five minutes, featuring data and analysis from Savills, TwentyCi, Knight Frank & Hamptons International
High inflation ‘lures investors back to buy-to-let’
Buy-to-let investors were behind 13.9% of homes sales across Great Britain in Q1 2022, says Hamptons - the highest proportion at this time of year since Stamp Duty changes in 2016.
Prime London’s price recovery ‘gathers pace’
Knight Frank's latest indices tell of rising prices and plenty of activity in prime London's sales and rental markets.
Prime London rents see first double-digit annual increase in over a decade
Average rental values in prime London have surged by 11.1% in the last year, reports Savills, pushing both houses and flats above pre-pandemic levels.