Company Tag: Benham & 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.
Buyers & sellers ‘remain largely undeterred’ by lockdown, but half do not feel safe on physical viewings
A third national lockdown has deterred just 14% of buyers and sellers from a purchase or sale in 2021, according to a survey of over 10,000 people, with 81% planning to carry on as they planned.
Ranked: The UK’s most ‘recession-proof’ property hotspots
An estate agency has put a brave face on the UK's bleak economic outlook, suggesting that house price inflation may carry on regardless in the face of a global recession - in some locations, at least
Industry Reactions: Property sector welcomes Sunak’s Stamp Duty holiday
It'll come as no surprise that most estate agents and property developers are quite delighted with the temporary raising of the Stamp Duty threshold to £500k, as announced by the Chancellor in a "mini …
Just 2% of super-prime property listings in London are spoken for
Benham and Reeves has checked what proportion of listings are marked as sold or under offer by price bracket across prime London.
Buyer demand bounced back immediately as the property market reopened
Rightmove points to some big potential changes in the post-pandemic property market, as many people "re-appraise their housing needs".
Re-starting the housing market: Industry reactions to the easing of the Coronavirus lockdown for the property sector
It will not come as any great surprise that most in the property industry are pleased to be able to get back to work after seven weeks in lockdown.
Budget 2020: Property industry reactions to the non-resident Stamp Duty surcharge & more
It was not unexpected, but the new 2% Stamp Duty surcharge for overseas buyers is not particularly welcome either, say most of our prime residential property industry insiders...
Coronavirus fears are already thwarting one in six property moves, claims London estate agency
An astonishing 17% of UK home buyers and sellers told Benham & Reeves that they have already postponed a move because of the Covid-19 coronavirus.