Lettings
Prime London Property Market Snapshot: Week 29, 2024
There has been a bounce in homes going under offer and in new sales instruction following the election, but agreed sales in the capital's prime postcodes remain thin-on-the-ground.
Rental market ‘remains out of balance and difficult for tenants’ – Rightmove
Asking rents have hit another record high, as each lettings listing receives an average of 17 enquiries.
Buy-to-let purchases sink to a record low
Investors are shying away from buy-to-let, says Hamptons, reducing lettings supply and pushing up rental prices.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from TwentyCi, Savills, Beauchamp Estates, LonRes, the ONS, Knight Frank, Foxtons, LonRes & more..
‘Significant uplift’ in number of landlords selling up
Interest rate hikes, rising costs & general uncertainty have driven a 'dramatic' rise in the number of previous rental properties for sale, reports TwentyEA.
London rents hold steady as ‘peak lettings season begins in earnest’
Tenant demand has jumped 15% in the last month, reoports Foxtons, but remains lower than at this time last year.
Prime London Property Market Snapshot: Week 28, 2024
Things continue to be relatively quiet in Prime Central London, with less home-buying and selling activity taking place in Week 28 2024 compared to the same seven day period in previous years
Agency reports ‘record’ super-prime spending in Prime Central London as property market stays ‘surprisingly robust’
Wealthy buyers bought a record £439mn-worth of £10mn+ homes in the first half of this year, reports JLL, contradicting some rival market reports.
Prime London rental market slows after strong start to the year
LonRes recorded an annual decrease of 2.5% in lets agreed and a 5.1% fall in new instructions last month - while rental growth slipped to 0.4%.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, Rightmove, Beauchamp Estates, Benham & Reeves, HMRC, Foxtons, Savills, Knight Frank…
Prime rental market ‘falls back to pre-pandemic patterns’
Rents are still rising in London and the regions, but Savills warns of 'misalignment' between tenant and landlord expectations.
RICS heralds ‘post-election bounce’ for housing market
Surveyors 'have confidence in the newly elected Labour government,' concludes the Royal Institute as housing market optimism builds.