PCL rental growth dips below 3% for the first time in three years
Just as the prospect of tax rises in the Budget is causing uncertainty in the sales market, Labour’s revival of the Renters Reform Bill is doing the same thing in the lettings market, says Knight Frank.
Prime London rental value growth slides to three-year low
Almost all tenancies agreed in the last month above £1,000 pw have been below the asking rent or subject to a rent reduction, reports Knight Frank.
Prime London rental growth slips to lowest rate since August 2021
Values are still 28.3% above their pre-pandemic average, reports LonRes.
Rental growth stabilises in ‘subdued’ Prime London lettings market
Annual rental growth of 3.8% was up only slightly last month, while activity levels fell back after a good start to the year.
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New agency Draper London targets five-office PCL rollout
Founded by ex-Knight Frank and Aston Chase agent Craig Draper, the high-end firm is backed by former Greene & Co MD David Pollock.
Knight Frank cuts UK house price forecasts again
The outlook is not rosy for either prime or mainstream markets this year, but the property consultancy senses a 'change in political direction' before 2030.
By PrimeResi
UK Sotheby’s shrugs off market slowdown as Q1 sales hit £598mn
Top-end brokerage reports 'strong' start to 2026 with £1bn of property under offer, £4.15bn of stock on the market and 3,500 new registered buyers over £2mn.
In Pictures: $400mn LA mansion becomes world’s most expensive open-market property listing
Agents describe the eight-acre estate as the 'Crown Jewel of Los Angeles'.
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In Pictures: 121-acre Victorian Surrey estate with cricketing pedigree asks £9.85mn
Designed by George Devey, the Grade II listed Sendholme comes with its own pitch and pavilion.
Nuhu-designed penthouse at Stirling’s Carlton Gardens scheme hits the market
Boutique agency lists 'showstopping' proposition just off the Mall for £13.9mn.
Chestertons & Aston Chase owner buys another London agency
Campions Group confirms second business acquisition in the capital this month.
By PrimeResi
Mapped: How prices & rents have shifted across London’s top neighbourhoods so far this year
Latest data shows sales values falling across most PCL areas, with sharper drops in some of the most exclusive markets.
US buyers drive £16mn of deals at luxury Mayfair scheme
Penthouse at REDD’s 6 Charles Street changes hands amid a flurry of American-led activity.
Required Reading: The Renters’ Rights Act is (nearly) here
Next week marks the start of 'new age' for the private rented sector, says Jessica Tomlinson of Savills, as she walks us through what incoming legislation means for top-end tenants & landlords.
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