Company Tag: Benham & Reeves
Prime property demand rises in London
Benham and Reeves has tracked which London locations have the highest proportion of open-market property listings that have been marked as sold or under offer.
Prime London property prices to rise by up to 9% in 2022, predicts agency boss
Property price growth of around 5% is "a realistic benchmark" across the capital in 2022, says the chief of 17-branch London estate agency Benham & Reeves, while "the return of the prime London market…
London rents predicted to jump 5.5% in 2022
"We can say with confidence that the London rental market decline is now firmly behind us," declares the boss of estate agency Benham & Reeves.
Budget 2021: Property industry reactions
"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...
London’s royal borough price premium shrinks
The capital's three Royal Boroughs - Kensington & Chelsea, Kingston and Greenwich - have underperformed Greater London's average property price growth over the last five years.
Nearly of half of UK property sales have been hit by down valuations in the last year
A London estate agency has estimated that nearly 400,000 residential transactions across the UK have been hit with a down valuation in the last year - including 59% of transactions in the capital.
London super-prime deals jumped by 44% in Q1 – but are still below pre-pandemic levels
“The outlook for the super-prime London market remains fairly positive at present," says Benham and Reeves boss Marc von Grundherr.
Crossrail property prices likely to ‘continue to climb’ despite delays
"We expect to see house prices along the Crossrail route continue to climb as its launch approaches," says Marc von Grundherr of Benham and Reeves.
144% jump in Hong Kong buyers in London
Since July 2020, Hong Kong nationals have accounted for an estimated 4% of London market activity, up from just 1% in the same period the previous year.
What would a CGT hike mean for buy-to-let landlords & second homeowners?
“The proposed changes from the Office of Tax Simplifications would act as nothing more than another nail in the coffin of the buy-to-let sector, in particular," says estate agency Benham and Reeves.
Flat prices fall as demand dwindles
Demand for flats in London has slumped as buyers seek more space in light of the pandemic experience, and the cladding scandal takes it toll.
Ranked: London’s home-selling hotspots
There are six London boroughs where more than one in 25 homes are currently listed for sale.