Lettings
PCL prices fail to stabilise; volumes continue to slide
Prime Central London transaction levels are now almost 50% lower than they were five years ago, reports Strutt & Parker, while prices ended 2018 at the lower end of the forecast;
Canary Wharf lettings market ‘undimmed by Brexit’
The number of tenancies agreed in London's financial district was up 35% over the last 12 months, reports Knight Frank, the biggest increase in the capital...
Key trends and developments in the UK’s ‘£75bn’ private rented sector
Major new survey sheds some light on how the sector is changing, and where it will be in five years' time...
‘Sharp increase’ in time to sell as buyers hold off
Properties in London are taking three times longer to sell than they were a year ago, reports REalyse.
The property market’s #10yearchallenge: 2008 Vs 2018
Knight Frank has jumped on the hashtag bandwagon to look at how the UK's property market has changed in the last decade - from a 2008 in the grip of the global financial crisis to a 2018 on the brink of…
Institutional PRS investment reaches record levels
A surge in North American capital targeting the UK's private rented sector indicates that investment is set to continue to rise, reports CBRE
Brokenshire unveils plan to fix housing redress
Private landlords will be forced to sign up to a redress scheme as part of an overhaul of the 'broken' complaints system announced by the Communities Secretary
London’s City Hall is developing a ‘blueprint’ for rent controls in the capital
'The arguments for rent control are overwhelming,' declares Mayor Sadiq Khan, 'and Londoners overwhelmingly want it to happen'
Build-to-rent construction surges by 40%
There are now 139,508 build-to-rent homes completed, under construction or in planning across the UK; 14,615 units were completed in the regions in 2018, compared to 14,801 in the capital
Is Build to Rent built to last?
'Is build to rent too good to be true?' asks Lisa Simon, Head of Residential at Carter Jonas, as she predicts that 2019 will be 'the year of institutional lettings'
‘Cold snap freezes housing market’, declare surveyors
RICS' latest monthly survey delivers its weakest near-term sales expectation reading since it started, in 1999
London asking rents hit a record high as supply dwindles – Rightmove
Property portal expects asking rents to rise by around 3% this year outside of London, and by 4% in the capital