Ranked: Britain’s busiest rental markets of 2023
Rightmove expects the average GB asking rent to rise by 5% in 2024 - rather than another year of double-digit rental growth.
‘Rental growth has now peaked and we expect a major slowdown in 2024’, says Zoopla
'There are signs that the UK rental market will turn in 2024,' says Richard Donnell; 'rents are reaching the maximum affordable price and rental demand is starting to slow.'
400,000 UK rental homes ‘lost’ since 2016
CBRE estimates that landlords have sold 126,500 rental properties since 2022, as mortgage rates and other costs have escalated.
Lack of stock still driving up prices in prime rental markets
But rental stock 'is not as scarce as it was this this time last year,' says Savills - and 'only the highest quality homes can now expect multiple bids.'
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JLL opens new west London office
Firm responds to 'growing demand' for its services in & around Kew, Chiswick, Brentford & Acton.
In Pictures: Pawson-designed ‘masterpiece’ up for sale in Mayfair
Minimalist 1987 creation was designed by the acclaimed architect for the renowned art collector Doris Lockhart Saatchi.
Fast-growing luxury agency recruits two new lettings directors
United Kingdom Sotheby’s International Realty continues expansion, bringing in PCL specialists Minnie Stainrod & Olivia McSweeney.
The Buying Solution names new chief
Will Watson takes the reins at the top-flight property buying agency.
London Square picks up prime Vauxhall development site
Resi developer continues its acquisition spree in central London.
City law firm names new Head of Residential Property
Super-prime specialist Parveen Abbas has stepped up to lead the 257-year-old practice's resi real estate division.
Savills & Fuller Gilbert serve up £18mn mansion in Wimbledon
High-spec specimen on Parkside is 'one of the most prestigious houses to come to the market in recent years'
‘Iconic’ freehold block hits the market in Belgravia
'Exceptionally rare' proposition on Eaton Place is expected to attract global interest.
Luxury design firm targets ‘next gen wealth’ with new sister-brand
New offering from Taylor Howes is aimed at developers & private clients seeking a 'quick turnaround and affordability'.
PCL estate agency launches interior design service for short-lets
'We’ve seen increasing demand from clients to help prepare their houses and flats before letting,' says Ed Woolgar of Russell Simpson.
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