Location: United Kingdom
Rental market ‘remains out of balance and difficult for tenants’ – Rightmove
Asking rents have hit another record high, as each lettings listing receives an average of 17 enquiries.
Buy-to-let purchases sink to a record low
Investors are shying away from buy-to-let, says Hamptons, reducing lettings supply and pushing up rental prices.
Belgravia retains crown as PCL’s £5mn-plus sales hotspot
15% of all high-end deals recorded across the capital in H1 took place in the district, as its appeal grows amongst younger HNWIs.
‘Resilience’ abounds as prime property agents anticipate a buoyant Autumn market
Property prices across Prime Central London remain -19% down on their previous peak a decade ago, says Savills, 'suggesting it is still a case of when, and not if, a stronger recovery takes hold.'
Luxury Holland Park Villas apartment heads to auction
Rare unit at the exclusive Kensington scheme is guided at nearly £6mn.
Gap between average asking & sold prices widens to 17%
'Sellers remain largely over-confident when it comes to their asking price expectations versus the price they are actually able to sell their property for,' says Yopa.
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 TwentyCi, Savills, Beauchamp Estates, LonRes, the ONS, Knight Frank, Foxtons, LonRes & more...
Historic Hampshire monastery hits the market
Agents expecting significant interest in 'exciting & unique' development opp.
Interview: Rupert Collingwood on collaboration, corporates & the rise of the luxury property broker
'Our ambitions are not related to broker numbers but rather quality of service provision as well as brand reach,' says The London Broker boss.
TfL’s property company appoints Savills to help massive resi development drive
Places for London aims to start work on schemes delivering 20,000 new homes by 2031, and has hired Savills to help it 'get more done, more quickly.'
Buying agency reports ‘flurry’ of prime property listings following election result
Garrington heralds a 'rosier' outlook for the property market as a 'flurry of new listings enters the prime market,' having been 'deliberately held back pending the election result.'
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes