Rental growth hits 16-month high in Prime London as supply shrinks
Available stock levels were down by nearly 20% at the end of last month, compared with a year earlier.
Prime London rental growth hits 5% as supply slumps
The total number of properties available to rent at the end of last month was nearly 50% lower than five years ago.
Prime London rental growth back to ‘historically normal levels’
Annual change of 1.1% was recorded in PCL in September, the first time the figure has been below 2% since mid-2021.
Prime London rental value growth slides to three-year low
Almost all tenancies agreed in the last month above £1,000 pw have been below the asking rent or subject to a rent reduction, reports Knight Frank.
Companies in this article
LonResMost read
DDRE unveils ‘next-gen’ advisor platform & big expansion plans
Daniel Daggers' top-end property firm is looking to add 70-100 new advisors by the end of 2026.
UK Sotheby’s International Realty appoints new Ops Director
New recruit 'brings a proven track record in high-value transactions & operational ingenuity,' says super-prime brokerage.
By PrimeResi
Bond-themed triplex at Twenty Grosvenor Square seeks £25k per week
In Pictures: 5,750 sq ft trophy apartment goes up for rent at Four Seasons-branded scheme in Mayfair.
Former CBRE resi chief Collins joins Kingdom
Mark Collins is now a Non-Exec Director at Raihan Jumah & Obaida Al-Ghazawi's property consultancy.
By PrimeResi
New sales & marketing boss at The OWO Residences
Alex Rusling will be leading sales & marketing activities at the super-prime Raffles-branded scheme in Whitehall.
Ranked: The world’s top 30 HNWI hotspots in 2025
Fresh Savills research reveals 'a dynamic reshaping' of global wealth migration - 'comparable to the expansion of air travel in the 1960s & 1970s.'
By PrimeResi
Penthouse ‘jewel’ unveiled at Chelsea Waterfront’s Powerhouse
In Pictures: Fiona Barratt-Campbell designs duplex spread atop century-old SW London landmark.
Related Argent bolsters exec leadership team
Developer appoints Parm Nijjar as Executive Director and promotes Oli Rifkind to Chief Development Officer.
Marylebone’s high-end market keeps moving despite pre-Budget uncertainty
Savills reports 'robust' activity across the fashionable PCL neighbourhood, completing a string of super-prime sales & lettings deals.
Italian design platform lands in London with Embassy Gardens penthouse
Artemest collaborated with Dublin-based designer RóisÃn Lafferty on the high-end project in Nine Elms.
LATEST ARTICLES
Winkworth eyes ‘delayed autumn bounce’ as buyers & sellers await clarity
Chief Exec Dominic Agace compares pre-Budget uncertainty to a general election, but says activity could pick up in December and January if fiscal measures prove less severe than expected.
Buy a penthouse, get a hypercar: Record-breaking apartments launched at Pagani-branded scheme
Italo-Argentine automaker’s debut resi project is delivering two penthouses in Miami priced at around $30mn - both of which come with a bespoke Utopia Roadster.
Property market ‘likely to remain subdued through the remainder of 2025’ – RICS
Surveyors report a 'notable cooling' in activity as buyers await the Autumn Budget.
By PrimeResi
My Property Career: Quickfire Q&A with Anthony Payne
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
UK property market is ‘performing far better than the headlines might suggest’
Official data suggest the mainstream market is on track for +8.5% more residential transactions this year than last.
By PrimeResi