Location: United Kingdom
Students outbid corporate tenants as China drives Mayfair rental ‘boom’
Top-end rental properties in Mayfair are going for as much as a third above the asking price, reports Wetherell, as Chinese students and socialites boost demand.
Transaction numbers running at a 14-year high as deals speed up by nearly a month
Rightmove predicts that 1.
Buyer & seller confidence riding high, reports OnTheMarket
81% of UK vendors expect to sell within three months, according to the portal's latest sentiment survey.
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.
A Sense of Emergency: How well is the planning system responding to the climate crisis?
224 local authorities across England have declared a climate emergency since 2018, but it’s become clear that the act of making a declaration doesn’t necessarily signal any significant change in policies……
Watch: Estate agency fields mini-blockbuster to promote super-prime Windsor mansion
A Fine & Country branch has produced a particularly lavish video to promote a super-prime contemporary mansion near Windsor.
Knight Frank posts record profit amid ‘extraordinary’ year
Group’s latest set of annual results show a 23% boost in pre-tax profit, but turnover slipping by 7%;
Landsec to buy U+I in £190m deal
Acquisition will ‘accelerate’ the developer’s strategy of driving growth through mixed-use opps in London and regional cites.
LRG buys two more London estate agencies
Leaders Romans Group has completed six agency acquisitions so far this year, adding 28 new branch locations and 370 staff.
Sharp drop in properties selling above asking-price
The majority of properties sold at or below asking price in September, according to Propertymark, but buyer demand continues to outpace sales supply.
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
Unrepresented buyers don’t stand a chance in London’s hottest markets, says buying agent
Even those with healthy budgets of between £4m and £10m are coming unstuck in hotspots like St John’s Wood & Putney, according to Black Brick