Lettings
Strutt & Parker revises property price forecasts, swinging PCL to positive growth this year
Strutt & Parker is now predicting that PCL prices will rise by up to 5% this year, having previously anticipated a drop of up to 5%...
2021 starts with ‘a noticeable drop off’ in property demand
January saw buyer enquiries, agreed sales and new instructions fall for the first time since May, according to the latest RICS survey - but house prices continue to rise (for now).
‘Halo effect’ as renters move out of city centres
A 'space race' in the rental market is seeing houses find tenants 30% faster compared to last year, says Zoopla.
Mass exodus of foreign workers could hit London house prices – Capital Economics
Analysis links sudden drop in UK population to ‘huge rise in vacancy rates’ in the London and Midlands rental markets.
Tenants drawn to PCL as Zone 1 rents fall to lowest levels in decade
"The 'escape to the country' trend has a shelf life", reports Knight Frank, as demand for central London rental picks up.
PCL sales & lettings market snapshot: An emerging supply/demand imbalance, and a ‘fundamental reset’
The Prime Central London lettings market has undergone a "fundamental reset" over the last year, says Knight Frank, while an emerging supply/demand imbalance is buoying sales values.
Model tenancy contract updated to favour pet owners
Consent for pets is now the default position for tenancy agreements.
What’s next for the Prime Central London rental market?
As new data suggests a shift may be underway, former hedge fund manager Fraser Slater takes a detailed look at what’s happening in the PCL rental market right now - and explains why things are unlikely…
PCL lettings deals up nearly 200% this year, reports major agency
Dexters says it has been agreeing 330 lets every week in January, and has 36,700 prospective tenants on its books - up 48% on last year.
City centre rents suffer as tenants look to suburbs
"The pandemic has led to falling asking rents and a flood of properties coming into the market in a number of the UK’s biggest city centres," says Rightmove.
Activity stirs in Prime London’s stock-laden rental market
The Prime London lettings market had a much busier end to the year than many expected, reports LonRes, but supply levels are still running very high...
Canary Wharf is having a moment – here’s why…
The 'escape to the country' trend is not the only way Covid-19 is changing tenant behaviour, writes Tom Bill...