Lettings

Agency reports surge in enquiries from tenants looking take advantage of lower rents in the capital's most exclusive neighbourhoods.

A year after the pandemic struck, Savills is "optimistic" about the outlook for Britain's prime property markets...

A ‘shift in mind-set’ has taken place, according to Knight Frank.

“The tax changes introduced from 2016 onwards have undoubtedly taken the heat out of the buy-to-let market," argues Hamptons' research chief Aneisha Beveridge.

The number of new sales and lettings instructions fell back sharply in April, according to the RICS, while demand continued to rise.

Demand for city centre rental properties is rising, reports Zoopla, with London rents having bottomed out in February.

“The dip in sales in April is temporary,” says Knight Frank, as the number of offers accepted in Prime London spikes.

Hong Kong is still the most expensive city in the world to rent a luxury property, says Knight Frank, despite the pandemic and political headwinds.

London is the only GB region where average asking rents are lower now than they were five years ago, reports Rightmove.

“There’s a supply crunch coming down the line in prime lettings markets this summer," warns Knight Frank, while Savills tells of a "fundamentally undersupplied" market in the Home Counties.

Under-30s accounted for nearly 90% of the tenancies signed in Q1, reports LCP - up by almost a quarter on last year.

March saw a 57% increase in the number of people looking to buy a property in London, and a 21% increase in the number of tenants looking to move compared to February, according to Chestertons.