Lettings
Prime London’s rental market ‘continues its journey back towards normality’
“The see-saw of high supply and low demand is tipping back the other way,” says Knight Frank. “Demand is coming from multiple sources and rental values are getting stronger as a result.”
Prime global rents turn a corner as yields drop further
“Rental markets look set to be subdued for the rest of 2021," says Savills as its World Cities rental price index returns to positive growth, but the longer-term outlook is more positive.
Prime London flooded with rental demand
Buying agency Haringtons is reporting "a huge influx" of demand for large furnished rental properties in prime London, as families are forced out of their homes by the recent flooding.
Foxtons reports record tenant numbers; predicts future rental hotspots
Highest number of new applicants on record has coincided with a big fall in new instructions.
Letting agents report ‘all-time high’ for tenant demand
Letting agents reported a record number of new prospective tenants per branch in June, according to Propertymark.
‘The bounce-back is now underway’: Knight Frank revises rental market forecasts
After steep falls over the last year, the agency expects rents across the prime postcodes will recover to pre-pandemic levels by 2023.
Prime London rental market ‘rebalancing’ – LCP
Key indicators including the average discount on re-lets and the time taken to find a tenant have both been falling.
Asking rents hit a record high outside London, as city centres start to recover
Rental properties are finding tenants faster than ever before, reports Rightmove, as record demand pushes price up.
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.