Lettings
Strutt & Parker stands by 2020 property price forecasts, despite plunging transaction numbers
Average UK house prices are likely to drop by anything from 1% to 7% this year, predicts Strutt & Parker - although the short-term impact "could be much gloomier" in some parts of Prime Central London
Foxtons reveals the ‘decision triangle’ and new-build pricing process
50-branch agency provides some interesting insights on buyer and tenant behaviour in the capital, and how it goes about pricing new-build schemes...
Rents have risen across most of the country, but have fallen sharply in London
A rise in the number of properties available to rent combined with a drop in international demand have driven a 7.4% year-on-year decline in average rents in Inner London, says Hamptons.
Asking rents reach a record high across the country, but dip in London as supply balloons
Asking rents outside London have climbed by 3.4% in the last year, while the capital has seen a dip of 0.6% as rental stock piles up.
PCL lettings market on the turn as supply levels ease
Average values have now fallen by -4.6% on an annual basis, reports Knight Frank, but demand is building just as supply levels start to slow...
Post-lockdown property market bounce ‘may quickly run out of steam’, warns the RICS
Sales activity has "rallied noticeably" since May, report surveyors
Super-tenants paying hefty price for versatility, says HNW mortgage broker
Difference between renting and owning the same £10m property could run into thousands a month, says Enness Global
Rents tumble in London as landlords fear Covid-19 ‘second wave’
Landlords have been cutting asking prices to avoid being left with an empty property on their hands if lockdown restrictions are tightened again, reports Chestertons
Savills revises rental growth forecasts down
Rental yields are likely to be lower in 2024 relative to today, predicts Savills.
Landlords’ average capital gain sinks again
Landlords who sold a property in 2019 typically owned it for 9.1 years and sold it for £78,100 more than they paid for it.
Rental valuations jump to a record high as the lettings market bounces back
Viewings of properties for sale are still well below the five-year average, reports Knight Frank, but both landlords and tenants are now more active than before the pandemic.
Taking Stock: The impact of Covid-19 on the prime London lettings market
New lets agreed over the course of lockdown fell by more than two-thirds, reports LonRes