Prime London rents rise ahead of the Budget - Knight Frank
PCL values rose 1.9% in the year to October - the biggest uplift since last summer - while average gross yields have hit a near 20-year high.
What to read next
Prime London rents rise at fastest pace in nine months
LonRes reports annual rental growth of 2.7% across the prime postcodes in May - but latest jump is 'more likely to be a coincidence' than a direct result of the Renters’ Rights Act coming into effect.
Knight Frank warns of rental market ‘overcorrection’ as supply shrinks & rents rise
Agency says competition for available homes in Prime London has reached its highest level since September 2022.
Prime London asking rents ‘likely to rise’ after Renters’ Rights changes
Average rental values fell by 1% in April, reports LonRes - but impact of sweeping reforms on pricing 'remains to be seen'.
Most read
Property Industry Reactions: New PM Burnham installs Downing Street team
UPDATED: Former Defence Secretary John Healey replaces Rachel Reeves as Chancellor of the Exchequer; Angela Rayner returns to the Cabinet as Housing Secretary.
Knight Frank launches ‘second phase’ of broker recruitment drive
The big-brand estate agency has received 130 enquiries from would-be self-employed brokers so far, with eight being appointed in the last eight weeks.
St John’s Wood mansion trades in £29mn deal
Latest NW8 mega-deal revealed in official records.
Super-prime buying ‘flurry’ drives London’s £5mn+ market
New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.
Savills consolidates flagship PCL teams
Big-brand agency is relocating its Knightsbridge operations to Sloane Street.
Knightsbridge developer cuts resi for hotel & spa scheme
RBKC has approved a PLP-designed hotel/spa on Pavilion Road, replacing an earlier mixed-use consent with apartments.
Resi developer’s global survey reveals ‘what the world thinks of London’
London Square research finds the capital leading the pack for careers and resi investment, with overseas sentiment more upbeat than the domestic narrative might suggest.
Veteran sales director joins Douglas & Gordon
Former Aspire, KFH and Fine & Country operator joins London agency's self-employed network.
High-profile buying agency toasts 20 years in business
Sloane Square-based firm reveals acquisition record and says industry shifts have made the market 'increasingly difficult' for buyers to navigate.
Super-prime agent vents fury at ‘ransom note’ portal bill
Trevor Abrahmson has shared Glentree's internal numbers to highlight how much each lead costs.
LATEST ARTICLES
Savills consolidates flagship PCL teams
Big-brand agency is relocating its Knightsbridge operations to Sloane Street.
Simon Deen: Why good agency matters more than ever
Following a run of successful sales in NW London, boutique estate agency founder Simon Deen explains what it takes to keep high-end transactions on track in a difficult market.
High-profile buying agency toasts 20 years in business
Sloane Square-based firm reveals acquisition record and says industry shifts have made the market 'increasingly difficult' for buyers to navigate.
Strutt & Parker boss steps up to lead BNP Paribas RE UK
Gary Higgins takes interim CEO role as group begins search for permanent successor to Mark England.
Trade body piles onto ‘mansion tax’ consultation
Propertymark says ministers still have big questions to answer on valuations, enforcement and who ultimately pays the charge - and warns against hitting non-UK resident owners with an additional surcharge.