“A continued surge of interest in the Home Counties lettings market”
Knight Frank has seen an 11% increase in corporate relocation enquiries in the prime Home Counties - and a massive rise in new tenant applications as renting becomes "the go-to approach for families moving out of London"
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“There’s a supply crunch coming down the line in prime lettings markets this summer," warns Knight Frank, while Savills tells of a "fundamentally undersupplied" market in the Home Counties.
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There's a "consistent imbalance" between tenant demand and rental supply, warn surveyors, while Brexit-based uncertainty is continuing to thwart activity in the sales market
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The number of new prospective tenants to every new rental listing was 4.9 last month, according to Knight Frank, the highest ratio in more than ten years
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Savills completes $1.1bn real estate investment bank acquisition
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China launches retroactive tax crackdown on wealthy citizens’ offshore assets
Beijing is said to be pursuing HNWIs for unpaid tax on overseas assets going back decades.
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It's an eclectic bunch, ranging from a £250k cliff-edge cottage to a £20mn Gothic mansion, via a mediaeval Scottish castle and a Victorian Manchester villa.
Residence One tops out 29-home St John’s Wood scheme
Luxury apartment project reaches full height as developer targets May 2027 completion.
Hamptons & John D Wood owner cites ‘very challenging’ market as H1 profits tumble 92%
The UK's biggest estate agency group said lettings and surveying again helped offset the slowdown in sales activity.
Family offices & bulk investors turn out for Saudi property showcase in Mayfair
Chancery Rosewood hosts second UK-Saudi exhibition as organisers claim £65.7mn of opening-day sales and reservations.
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