Prime London rents see first double-digit annual increase in over a decade
Average rental values in prime London have surged by 11.1% in the last year, reports Savills, pushing both houses and flats above pre-pandemic levels.
"The property markets in central and outer London are increasingly on different trajectories," says Knight Frank, as the latest market indices shine a light on sales and lettings trends.
Strutt & Parker has updated its five-year property market forecasts, anticipating a sharp upturn for central London's lettings market as tenant demand outpaces rental supply.
"The prime London property market is in a sweet spot," declares Knight Frank's research team, as buyer demand bounces back and the supply of homes available to buy picks up.
Companies in this articleSavills
‘We have always wanted to create the best independent, boutique agency in PCL’: PrimeResi meets Alex Bourne & Richard Douglas of London House
'We have broken records in almost every part of Prime Central London over the last few months'
Housing secretary Michael Gove is bringing forward plans to reform England's "outdated" leasehold system
A.London completes 4,664 sq ft penthouse project at latest Berkeley scheme in W2
‘We have restored its prominence and grandeur’: Developer launches turnkey duplex ‘designed for modern Mayfair living’ at £12.5mn
Luxury property developer REDD has launched its latest project: a turnkey duplex apartment on Charles Street, featuring interiors by Taylor Howes and a selection of best-of-British craft and design suppliers
If we all stopped in our tracks every time the papers rang a bell to call the onset of the next property crash, none of us would have bought homes since 1998, says buying agent Saul Empson...
By Saul Empson
The Putney Animal Hospital site, which has planning consent for seven new-build houses, is being pitched at £7mn.
Prime London postcodes and top-tier university cities 'are the most likely to escape relatively unscathed' from the property market downturn, says Garrington.
Recently rebuilt 'to a hotel-grade specification' behind the original façade, Mulberry House has been the home of the Swedish-born Mortstedt family for over three decades
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Super-sustainable housing scheme in East Sussex promises to be Britain’s biggest timber-structure neighbourhood
Sustainable property developer Human Nature has revealed plans to transform a 7.9 hectare brownfield site in Lewes into a new 700-home mixed-use neighbourhood with top-notch sustainability credentials
New Canary Wharf sales boss Warren McCann previously managed seven central London offices for Douglas & Gordon
Robert De Niro-backed luxury brand announces another residential property project.