Lettings
‘There is mounting evidence that rental growth is picking up steam’ – Hamptons
Landlords accounted for one in every six agreed sales last month, as investors rush to take advantage of the Stamp Duty holiday in a small-scale re-run of 2016.
Record highs for housing demand & rental supply
Propertymark reports that 2020 saw more home-buyers register and more sales agreed per estate agency branch than any other year of the last decade.
Surveyors: ‘There is considerable concern about the prospect of a sharp slowdown in transaction activity’
The pace of property demand growth "does appear to be losing a bit of steam and slowing", reports the Royal Institute of Chartered Surveyors, as house prices continue to rise.
‘Momentum is building’ across prime London as buyers & tenants take advantage of lower prices
Prime London Market Snapshot: The latest data on PCL and POL from Knight Frank.
Supply dries up in London’s super-prime lettings market
Following a flurry of activity in Q3, the number of new £5,000-plus per week listings is at its lowest level since Q1 2017.
Rural rents rise as cities fall – Hamptons
Average rents in the countryside have risen by 5.5% in the last year, reports Hamptons, while city rents have fallen by 5.3%.
‘Medium term expectations for house prices and private rents have barely been dented by Covid’ – RICS
Strong demand continued to drive sales activity in October, according to the latest survey of Chartered Surveyors. But things are likely to turn as 2021 progresses...
Strutt & Parker ramps up property price forecasts
Estate agency Strutt & Parker has revised its 2020 forecasts for the UK's property market after a "mini-boom" in transactions in the last few months.
London rents fall to 2014 levels as a two-speed market takes hold
“The split in the rental market caused by Covid-19 has now crystallised and we are seeing the two-speed market firmly entrenched," says Gráinne Gilmore, Zoopla’s Head of Research.
Prime London property exchanges at third-highest level in five years as prices continue to climb
But the majority of October's property exchanges in prime London still originated in deals done before the first national lockdown, says Knight Frank.
Buyers & tenants ‘remaining calm’ but landlords cutting rents, reports London agency
There's a lot less panic this time around, says Chestertons
London rental market activity booms, but prices face downward pressure
Chestertons has reported a 45% increase in new tenancies in London this September compared to last - but supply is running high, forcing many more landlords to cut rents.