Lettings

Prices are expected to stay at increased levels whilst demand remains a major factor, says John D Wood

Lack of supply continues to dog the prime London market, as available options dwindle for buyers and tenants alike

PrimeResi's weekly summary of key property market stories and indices.

Changes to EPC rental standards are "likely to mean older homes will become considerably less attractive to landlords," says Hamptons.

Prime London Market Snapshot: Knight Frank's latest indices tell of a significant mismatch between property supply and demand in both the sales and rental markets.

Buyer and tenant demand increased further in January, while the supply of properties for sale and rent continued to fall short.

"The post-pandemic ‘recalibration’ of the rental market is well underway," says Zoopla's research chief, Gráinne Gilmore.

As the Government weighs up new planning rules for short-term rentals, Charles Mieville and Victoria Du Croz look at the practicalities and outline the likely effects on the property market…

Property portal flags "early signs of a better-balanced market over the course of 2022" as valuation requests jump.

“London asking rents have finally risen beyond pre-pandemic levels,” says Rightmove, “a sign that the capital has not lost its pull and popularity with renters.”

London Central Portfolio saw an 11% jump in agreed rents on new tenancies in Q4 2021, "correcting the deep discounts that were granted during the same period in 2020".

London's prime property market is still facing some big challenges, but this has the potential to be a key year, writes Hugh Obbard...