London property prices climbed by 3.6% in June – UK HPI

The latest official UK House Price Index tells us that the national average house price increased by 2.7% from May to June, taking the annual rate of property price inflation to 3.4%. A 3.6% monthly rise in London takes the annual change to +4.2%.

Students return to bolster Prime Central London’s rental market

Domestic and international students account for a quarter of all Dexters’ tenant applications in central London, rising to well over two-thirds in some educational enclaves; the estate agency has ranked which locations are most popular for this important chunk of the capital’s rental market.

UK house prices hit a four-year high as demand for outside space continues to climb

“The latest RICS survey provides firm evidence of a strong uplift in activity in the housing market which should help support the wider economy gain traction over the coming months,” says RICS’ Chief Economist Simon Rubinsohn. “More of a concern is the pick-up in prices which could intensify issues around affordability in some parts of the country.”