Rental demand continues to outpace supply
'Supply and demand remains imbalanced,' says Propertymark, as letting agents report rising tenant registrations alongside a slight decline in new rental instructions.
Rental growth continues to cool as supply rises & demand eases
Average rents in Inner London have nudged up by just 0.4% over the last 12 months, while the national average has climbed 6.7%.
London’s rental market is ‘normalising’ as supply rises & demand dips
'Landlords must adapt' to new marketing conditions, warns Foxtons, while Chestertons suggests London landlords have 'little option but to start reviewing their prices.'
London’s rental market becomes ‘more balanced’ as supply rises – Foxtons
Rising supply relative to demand comes as 'a welcome relief to renters, landlords and agents alike', says estate agency.
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Art Deco-inspired ultra-prime mansion changes hands in Knightsbridge
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Buxmead penthouse seeks £16.95mn after A-list tenancy
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Residence One expands into high-end construction
Luxury developer behind more than £400mn of PCL projects launches dedicated construction division as demand grows for experienced contractors.
Campions expands in SW London with Battersea & Nine Elms swoop
Agency group presses ahead with growth drive following recent acquisitions of Aston Chase and Madison Brook.
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Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
Savills warns of weaker year for prime property markets
'Market conditions have notably shifted' in the last six months, say analysts, as top-end price forecasts are scaled back again.
Former Schroders base in Mayfair cleared for prime resi conversion
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British Land picks new CEO
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Vendors are 'on the ropes,' says buying agency boss, as she reports 'record discounts & exceptional value across Prime Central London'. But buyers still need a deft touch to secure a good price.