Lettings
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.
Investors lose taste for buy-to-let
After hitting a five-year high in February, landlord purchases in May fell back to the record low levels seen in 2019.
Rental demand reaches an all-time high
Propertymark member branches have an average of 97 tenants on their books, up from 82 in April. It's the highest figure on record for the month of May, significantly higher than last year's 70.
Hong Kong buyers & tenants hone in on London
New visa regulations and the imminent easing of travel restrictions have 'revived London’s appeal as an investment and lifestyle hotspot', says Chestertons
London’s rental market is heating up
‘The majority of tenants registering with us now see their return to the office as imminent’, reports Chestertons