Lettings
Competitive bidding is now rife in PCL’s rental market
Knight Frank's lettings teams report a 50% increase in sealed bids as tenants face a perfect storm of soaring demand and depleted supply
Latest mortgage data shows a resurgence of buy-to-let activity
The number of home-mover, remortgage and buy-to-let lending picked up in December, reports UK Finance.
Landlord numbers fall to a seven-year low
The average private rental portfolio size has risen as the number of landlords has dropped, reports Hamptons International. The national average rent increased by 3.6% in the last year.
‘House price pressures appear to be building’ as market activity grows
Surveyors "are optimistic regarding the outlook for activity over the next twelve months," says the RICS.
Prime London rents rise for ninth consecutive quarter
Shortage of stock continuing to support values, reports LonRes
Ranked: World cities by gross prime residential yields
LA & Moscow top Savills' annual league table with average yields of 5% or more; Hong Kong remains the most expensive place in the world to rent a prime house, with an average weekly figure of $7k
American rental operator Blueground launches first London apartments
Turnkey rental home operator plans to build a portfolio of 250 apartments in London by the end of the year.
On technology and the rise of people-centred property
Technology has been revolutionising the way that we live and work for decades, yet in relative terms there has been little impact on the traditional world of real estate.
Asking rents in London have escalated at nearly twice the pace of the national average over the last ten years
Average asking rents outside London have increased by 24% since 2009, says Rightmove, compared to 45% in London.
Prime London’s lettings market is on the turn
Savills is forecasting rents will rise by nearly 11% over the next five years, having bottomed out in mid-2019...
What makes a great build-to-rent home? These are the facilities that tenants really value
New-build reviews platform HomeViews has taken a deep-dive into the burgeoning build-to-rent sector, revealing what tenants really value - and what causes most irritation.
‘One in 50’ London homes is ‘used as a short let’
New research has found 108,102 Airbnb-style short-let listings in London. Of these, 73,549 were listed as entire homes.