Rental demand surges in prime London as supply drops, but prices hold for now
Foxtons, Knight Frank and LonRes have all recorded significant rises in tenant demand at the same time as a notable reduction in new rental listings...
Tenant demand continues to outstrip rental supply in London
Demand for rental properties in London has increased by 13% compared to last year, reports Foxtons, while supply has fallen by 16%
Rental growth returns to prime London
Q2 saw the first increase in prime London's average rental value since September 2015, says Savills, while Knight Frank reports a "notable strengthening" of demand for prime London rental properties
Prime London flooded with rental demand
Buying agency Haringtons is reporting "a huge influx" of demand for large furnished rental properties in prime London, as families are forced out of their homes by the recent flooding.
Most read
The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
Interview: Charlie Gibson & Tas Basran of OB Private on scaling up, the brokerage shift & breaking down corporate barriers
New leadership structure, a fast-growing brokerage arm and deals flowing: inside the Mayfair-based property firm’s next phase.
Knight Frank names new UK Managing Partner
The property consultancy's Head of Commercial will step up to lead the UK business when Stephen Clifton retires next year.
PCL schemes under close watch as questions mount over high-profile contractor
The future delivery of several luxury developments is under scrutiny.
Buyer lands luxury Finchatton project in Hampshire
Top-end developer behind some of PCL's best-known schemes chalks up another country house success.
Standout Georgian house in Richmond trades in benchmark deal
Off-market transaction is the SW London neighbourhood's highest-value sale so far this year.
One month on: How the Renters’ Rights Act is already reshaping Prime London
From landlords repricing above key thresholds to tenants adjusting budgets and buyers shying away from tenanted stock, Yasmin Ulhaq reports on the market's first responses to the new regime.
Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
Masterplan revealed for major central London hospital site development
King's Cross Group & Argent have unveiled a fresh £500mn proposal for the St Pancras Hospital site, featuring more than 180 new homes.
Rare and historic homes change hands as north London’s top end stirs
Savills reports a busy few weeks in Hampstead and St John's Wood, with buyers snapping up blue-plaque houses, trophy homes and a £13.5mn mansion conversion project.
LATEST ARTICLES
Gap between flat & house prices ‘has never been wider’
Zoopla says leasehold flats 'present an opportunity' for buyers 'who are prepared to do their homework' as reforms hove into view.
Home-buyer choice reaches decade high as new listings accumulate
Supply is high and rising, but 8% fewer sales were agreed in May this year compared to last.
London & second home hotspots ‘hit hardest by property slump’
Wealth manager's data 'challenges the assumption that property is the most dependable route to building wealth'.
Prime London sales market still struggling to build momentum, says LonRes
Latest data: Under offers are up, but values are down by more than 5% year-on-year and price reductions are running at record levels.
Industry Reactions: Official data shows surge in house price growth
'Homeowners breaking out the champagne in response to the apparently dizzying jump in house price growth should put it back on ice,' says one buying agency boss.