Lettings
London’s buy-to-let investors ditch the capital as tax hike bites
2016's stamp duty surcharge has had a noticeable effect on the behaviour of landlords based in London, suggests Hamptons, with increasing numbers now looking further afield in search of lower entry costs…
Serving Notice on Section21: On the consequences for landlords
As the Government announces its intention to abolish the Section 21 process, otherwise known as the ‘no-fault eviction’, Peter Hermon-Taylor explains the background, key points and potentially far-reaching…
Government to ban ‘no-fault’ evictions in ‘seismic’ rental sector shake-up
James Brokenshire announces Government's intention to abolish 'no-fault' Section 21 evictions, in what's being billed as the 'biggest change to the private rental sector in a generation'
Savills launches its first Scottish city lettings department
Charles McCosh has been recruited to run the Edinburgh lettings team
Knightsbridge agency reports massive surge in lettings deals
Harrods Estates has handled 78% more rental transactions in Knightsbridge in the last 12 months compared to the previous year
Record rental deal agreed in Camden
£5k pw tenancy signed at the extraordinary Chappell Lofts scheme in Camden Town
Government publishes official guidance on the Tenant Fees Ban
"If the fee you are charging is not on this list, it is a prohibited payment and you should not charge it"
Tenant enquiries surge as renters look for longer terms
KFH reports a 57% jump in online tenant enquiries; finds that 59% of London renters don't believe they will ever be able to buy a property in the capital.
Buyers start moving as demand rises in prime London, but vendors hesitate
Knight Frank reports a 7.5% rise in the number of offers made in prime London, despite fewer properties coming to market.
London has seen a 15% jump in cash-toting buy-to-let landlords
The proportion of landlords buying with cash in London rose from 33% in 2017 to 48% in 2018, reports Hamptons.
Ranked: The most expensive world locations for ex-pats
Hong Kong is once again the most expensive place in the world for expatriate rental accommodation, with average monthly costs of US$10,929, followed by New York, Tokyo and London.
Demand, supply & deal numbers fall further as Brexit uncertainty takes its toll
'The wearisome state of British politics that has arisen from Brexit – particularly in the last six months – continues to take their toll on UK housing,' says the Royal Institue of Chartered Surveyors.