Private rental stock has dropped by half since 2019 as landlords exit the market
Estate agency branches had an average of 15.6 properties available to rent in March this year, says Propertymark, down from 30.4 in March 2019.
PCL rental stock has dropped 75% as tenants return to town
“The recovery of the rental market has led to a shift in tenant profiles,” says LCP boss Andrew Weir, “as older tenants return to the office and outcompete young professionals and students.“
Prime London is ‘returning towards a pre-pandemic rental market’
London Central Portfolio saw an 11% jump in agreed rents on new tenancies in Q4 2021, "correcting the deep discounts that were granted during the same period in 2020".
‘Most competitive rental market ever’ drives record rental price inflation
Average asking rents have risen by over 20% in Central London over the last year, and by 11% outside of the capital
Companies in this articlePropertymark
Interview: Luxury property impresario Dean Main on building a £600mn development pipeline & managing £12bn of PCL schemes
Talking legacy developments & top-end trends with the boss of Henigman & Rhodium.
Chestertons picks up well-known PCL lettings business
Estate agency takes over letting and management arm of boutique firm Henry & James as acquisition drive continues.
‘A radical metamorphosis’: Seven-star new-builds dominating Mayfair sales market after luxury building boom
High-end new-builds accounted for more than two-thirds of sales in the iconic neighbourhood last year.
Boutique PCL agency Wilfords expands with new branch in SW London
The Kensington-based firm was founded by ex-Foxtons agents Geoff Wilford and Simon Welfare in 2011.
In Pictures: Three-year project creates a ‘sophisticated’ 17,000 sq ft country estate in Surrey
Helen Green Design collaborated with the 'very best artisans, joiners and suppliers in the industry' on this sumptuous reworking.
‘Astonishing’ $95mn super-villa is one of Dubai’s biggest-ever listings
The ten-bed mansion has been designed to 'expand the possibilities of elite architecture'.
Developers unveil new vision for Notting Hill’s Newcombe House
Beltane and Angelo Gordon are pursuing an office-led approach to the redevelopment of a prominent site on the corner of Notting Hill Gate and Kensington Church Street, rather than an already-consented…
Jane Austen’s Hampshire birthplace offered for £8.5mn
Celebrated novelist Jane Austen lived in the original Steventon House for 25 years, and wrote three of her most famous works there.
‘There is no lack of interest’: Peninsula London pauses sales after world’s wealthiest pick up 70% of residences
New five-star destination opposite Buckingham Palace has been described as 'the most significant addition to London's ultra-prime market in recent memory'.
Almax Group debuts boutique apartment scheme in St John’s Wood
The Maccreanor Lavington-designed 1A St John’s Wood Park brings a rare set of new-build apartments to the in-demand neighbourhood.
Why mortgage rates will not return to recent lows any time soon
Professors Alper Kara and Muhammad Ali Nasir explain the factors moving mortgage markets right now - and what borrowers should expect in the coming months and years...
Westminster Council ‘ready to lead’ on short-term rental regulation
'Short-term lets have been widely abused - when you have one residential block renting out more rooms than the Ritz every night, you know the system needs reform,' says the leader of Westminster City Council
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 LonRes, Foxtons, Savills, Knight Frank, HMRC, OnTheMarket, Propertymark & more...