Company Tag: Benham & Reeves

Croydon (CR0), Wandsworth (SW18) and Merton (SW19) are the most active London areas for home-buying activity, with each postcode seeing more than 60 homes sold each month.

Eight out of ten local authority areas in England and Wales have seen at least one £1mn+ property sale so far this year, up from only half in 2012.

“We have certainly seen the most competitive rental market in recent history over the past six months," declares Richard Davies, MD of Chestertons, while Benham and Reeves boss Marc von Grundherr warns "…

"We’ve seen a real mark of intent from high-end buyers" in prime London, says estate agency boss, as demand climbs after slow start to the year.

Average asking prices are rising at a slower pace than achieved sold prices, according to some analysis by London estate agency Benham and Reeves.

Last year's "radical" Planning Bill is long gone, replaced with watered-down reforms that promise local referenda on planning decisions and a few other tweaks.

Prime London vendors are accepting an average of 3.6% less than their asking price, according to research by Benham and Reeves - but discounts are getting less chunky as the market bounces back.

One in four prime London property listings has already found a buyer, down slightly compared to Q4 2021.

Our panel of buying agents, estate agents, housebuilders and architects weigh-in on the Chancellor's latest announcements, including cutting VAT on energy-efficient home improvements.

International buyers owned c.£6bn more London property in 2021 than in 2020, according to some new analysis of Land Registry data.

Two weeks on, we asked prime property insiders - including those who specialise in Russian clients - about what effect anti-war sanctions are really having on the London property market, and how their…

3.3% of private homes in London changed hands in a 12 month periods, with eight boroughs seeing more than one in every 25 homes sell.