Rents tick upwards in Prime London as landlords brace for policy changes
The lettings market is 'largely in a holding pattern,' but corporate & super-prime tenant demand stays strong.
Prime London rents are now more than 30% above their pre-pandemic average
Annual growth moved upwards to 2.6% last month, reports LonRes.
Upwards pressure on rents may return if more landlords sell, warns agency
Knight Frank reports 'significant increase in market appraisals and listings from clients who have residential lettings portfolios' in Prime London, as Budget speculation mounts.
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.
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LATEST ARTICLES
Rents tick upwards in Prime London as landlords brace for policy changes
The lettings market is 'largely in a holding pattern,' but corporate & super-prime tenant demand stays strong.
Serious buyers, realistic sellers: Reasons to be positive about the PCL market this spring
Buyers may be fewer in number, but they are committed; and vendors are listening to price advice - all of which bodes well for the months ahead, explains Jamie Hope.
Knight Frank celebrates successful Wealth Report launch & media campaign
The property firm's flagship research report was unveiled in front of 300 private clients & their advisors last week, and has generated more than 1,000 pieces of media coverage so far.
Agency serves up hi-spec Wimbledon mansion for £10mn
The recently built residence, which has a zero on-site carbon operating footprint, is being billed as 'the ultimate in modern luxury'.
American mortgage giant buys top-three real estate listing platform
Rocket Companies to acquire Redfin in $1.75bn share deal.