Lettings
UK house prices to rise 20% in the next five years, predicts JLL
Property price inflation "will be driven by mortgaged households who have seen high wage growth, housing equity growth over the past decade and can now also access historically low mortgage rates," says…
Agency seals £60k per week deal in Mayfair as wealthy tenants seek out ‘extraordinary’ homes
‘Unprecedented’ market shift sees British tenants paying near-record sums for unique residences across PCL
Scotland to regulate short-let properties
New laws could mandate licenses for Airbnb hosts and holiday rentals in Scotland.
Rents to rise c.20% in the next five years, predicts Savills
Build-to-rent investors are primed to fill a widening supply gap in the lettings market, says Savills, as it predicts strong growth for most prime and mainstream rental markets.
Larger homes are fuelling rental price inflation
Inner London is "poised" for a return to positive rental price growth, says Hamptons.
Airbnb is taking a larger share of the long-term rental market
"Living and working remotely will transcend the pandemic," declares Airbnb as it ramps up its share of the long-term rental market.
‘Acute’ tenant demand pushes rents up at fastest pace in 13 years
“The swing back of demand into city centres, including London, has underpinned another rise in rents in Q3, especially as the supply of rental property remains tight," says Gráinne Gilmore, Head of…
Stock shortage thwarts home-buying activity
Surveyors reported a small dip in sales volumes despite rising buyer enquiries in October, as house-hunters struggled to find suitable homes to buy.
PCL property prices set to rise 5-10% in 2022, predicts Strutt & Parker
National estate agency Strutts is forecasting price growth of between 20% and 35% by 2025 across the UK, and somewhere between 15% and 35% over five years in Prime Central London.
Prime London rents rise at fastest rate since 2011
“It’s been an extraordinary period for the whole market in PCL,” says David Mumby, head of Prime Central London lettings at Knight Frank.
Students outbid corporate tenants as China drives Mayfair rental ‘boom’
Top-end rental properties in Mayfair are going for as much as a third above the asking price, reports Wetherell, as Chinese students and socialites boost demand.
London rents predicted to jump 5.5% in 2022
"We can say with confidence that the London rental market decline is now firmly behind us," declares the boss of estate agency Benham & Reeves.