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PrimeResi's snapshot of the London property market, featuring the latest sales and lettings data from LonRes.

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Property Market News

Banda's Head of Private Clients shares her take on 'an increasingly frustrating aspect' of the prime & super-prime rental market.

LonRes reports a 4.6% rise in achieved rents last month, with lettings activity falling - and more than a third of Mayfair deals sitting outside the Renters' Rights Act.

11 of 14 tracked areas saw a decline in the volume of £2mn+ sales listings.

LonRes records the slowest September for transactions since 2016, although the £5mn-plus sector is showing signs of life.

Plans to attract overseas HNWIs to Britain reportedly grounded ahead of Budget, despite ‘considerable pent-up demand’.

Savills analysis reveals an 18% rise in £500k-plus lending outside Southern England since 2021, despite a 36% jump in borrowing costs.

'Families continue to pay a significant premium for homes in areas with the strongest-performing secondary schools,' says Savills.

Rising deal numbers, but still below last year's level.

CONTACT LONRES: If you would like further independent data on the dynamics of London’s residential market or required some bespoke research for your business, please contact the Research Team at LonRes on [email protected] or call +44 (0)20 7924 6622.