Location: United Kingdom
Average GB rent bill has risen 9.9% in the last year
Rental prices continue to climb at an eye-watering pace, reports Hamptons, as capital growth tails off.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Knight Frank, Hamptons, JLL, Benham & Reeves & more...
In Pictures: ‘Chitty Chitty Bang Bang’ windmill goes up for £9mn
"Cobstone Mill has to be seen to be believed and this is even before you bring into consideration the home’s extensive film history," comments Savills.
Tenant Trends 2023: Households are ‘prioritising the neighbourhoods over the home’
"There is less emphasis being placed on the home itself and more on what the local area can provide," says JLL after surveying private renters across London and the UK.
In Pictures: One of London’s biggest resi rooftop gardens unveiled at Battersea Power Station
29,000 sq ft oasis on top of Foster + Partners’ Battersea Roof Gardens building has been designed by the visionary behind the New York High Line.
Edinburgh house price growth turns negative for the first time in over a decade
Knight Frank expects Edinburgh's average property value to drop 10% over the next 18 months.
French estate agency giant doubles headcount in pursuit of ‘global property market without borders’
iad's latest annual results show sales of €536mn across 65,000 transactions, and 20,000 self-employed agents on the books.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Planners green-light luxury hotel & resi project in Mayfair
A stellar team has been assembled to transform the prize site off Park Lane.
Savills profits slump as ‘obvious challenges’ hit global real estate activity
London-listed international real estate consultancy has seen pre-tax profits fall from £50.4mn in H1 2022 to just £6mn in H1 2023. But Prime Residential markets "have remained relatively buoyant".
Sales market ‘continuing to lose ground’ while rentals remain hectic – RICS
July's survey of surveyors yields 'concerning' insights on both sales and lettings markets across the UK.
Chestertons recruits new homes specialist from Dexters
Henry O’Neill was New Homes Director for the City, East and South East London at his former firm.