Lettings
‘Buyer & seller activity remains in a holding pattern, hampered by political & economic uncertainty’ – RICS
“Given the upcoming general election next month, it appears unlikely that these trends will pick-up to any meaningful extent over the remainder of this year”, warns the RICS' Chief Economist
Proportion of overseas landlords rises for the first time since 2010
The weak Pound has boosted the proportion of British homes let by overseas landlords, from 7% last year to 11% this year, according to Hamptons;
Tenant demand continues to outstrip rental supply in London
Demand for rental properties in London has increased by 13% compared to last year, reports Foxtons, while supply has fallen by 16%
Alastair Mullens of Vertus on Canary Wharf Group’s big move into BTR
One of London's most influential developers, Canary Wharf Group, has made a major splash in the build-to-rent sector, rolling out a dedicated rental arm and unveiling the first of three BTR mega-schemes…
Prime London rents rise as buyers seek shelter from the storm
Rental values rose by 5.2% across the prime postcodes in Q3 as supply levels fell for the tenth quarter in a row, reports LonRes...
Carrington on Q3: Groundhog Days
LonRes chairman William Carrington offers his take on the issues of the day - or was that yesterday?
‘Exceptionally strong tenant demand’ drives rental price growth in London
"The wider London market remains characterised by insufficient supply to match tenant demand", reports Chestertons - but prime tenants "remain price sensitive"
Mapped: Prime London price & rental growth in Q3
Mapped: Prime London price & rental growth in Q3
RLA issues a six-point manifesto for the private rented sector
“We call on all parties to accept our positive, pragmatic programme for the sector," says the Residential Landlords Association, "and end the unnecessary scaremongering which is causing many tenants…
Investors & developers tap into London’s luxury lettings market
55% of PCL tenancies above £2,500 per week now involve properties owned by either build/own-to-rent investor-developers or professional investors, up from 20% five years ago
Market Snapshot: Prime rents in London & the commuter belt
Prime London rents have risen for the first time since 2016, reports Savills, while rents in the commuter belt continue to fall
Berlin to impose five-year rent freeze from January
German city confirms a plan to freeze rental values to 2018 levels until 2022