Lettings
‘Renters have joined homeowners in the race for space by rushing to the suburbs’ – Hamptons
Hamptons has seen a rise in the number of renters moving out of London in search of more space.
UK house prices hit a four-year high as demand for outside space continues to climb
"The latest RICS survey provides firm evidence of a strong uplift in activity in the housing market which should help support the wider economy gain traction over the coming months," says RICS' Chief Economist…
Rental viewings ‘hit a ten-year high’ in August
A late student flurry, a glut of stock, and falling rental prices boosted lettings market activity in August, reports Knight Frank.
Tenants bargain hard in Prime London as supply levels stay high
With stock volumes 42% up on this time last year, landlords need to be realistic on pricing or face lengthy void periods, warns LonRes
PCL sales are up 85% compared to last Summer – Dexters
"All the activity we are currently seeing gives us every confidence about the outlook for the Prime Central London property market," says Dexters. But others are less bullish.
Ex-short-lets flood London’s rental market
A 42% jump in rental supply in Central London has caused a record 8.4% fall in average rental values, reports Hamptons International.
Moving with the times: Why the lettings industry needs to adapt & evolve
Letting agencies will have to take significant steps to grow and advance in the new era, writes Giles Barrett - starting by putting tenants first, and ditching the uniform...
Surveyors warn of a ‘boom followed by a bust’ as the property market continues to rally
Housing market activity continued to 'gain momentum' in July, reports the RICS, but most surveyors 'do not expect this impetus to continue' for more than a few months...
Market Snapshot: Prime London’s post-lockdown recovery
Property market activity in PCL is rebounding more slowly than in outer areas, reports Knight Frank, and average rents continue to fall.
London leads national drop in rental price inflation
Rental price growth in London has tumbled as Covid-19 drives supply up and demand down, reports Zoopla. The portal expects rental growth outside the capital to halve to +1% by the end of this year.
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...