Stock drought fuels rent inflation outside London
Half of landlords reletting their property increased the rent this year, says Hamptons; that's the highest figure since 2016. In London, however, only 37% of landlords were able to raise rents.
What to read next
‘Rental stock slump is close to bottoming out’ – Hamptons
City centre rents are rising fast as stock levels drop, says Hamptons, although the national headline rate of rental price inflation continues to ease.
‘Significant slowdown’ expected for prime London rents next year
Escalating costs of living and inflationary pressure are likely to slow the pace of prime rental price growth down in the coming months, says Savills - but the firm has still upgraded its five-year price…
Surging tenant demand pushes London to ‘the most competitive rental market in recent history’
“We have certainly seen the most competitive rental market in recent history over the past six months," declares Richard Davies, MD of Chestertons, while Benham and Reeves boss Marc von Grundherr warns…
Most read
Regent’s Park trophy home once asking £32mn reportedly sells for £11.5mn
Historic Nash-designed mansion changes hands for 44% less than its 2013 purchase price, according to Bloomberg.
Russell Simpson recruits Strutts veteran Meacock
Notting Hill sales chief, who helped launch two high-profile London offices, makes move to the expanding family-run agency.
Another big-ticket deal sealed at Mayfair’s 60 Curzon
Four-bed apartment guided at nearly £25mn finds a buyer at the Thierry Despont-designed scheme.
Top-flight London design studio expands into Middle East
Laura Hammett is opening a permanent base in Dubai next month.
By PrimeResi
Albion Nord builds senior team as international ambitions grow
Super-prime design studio makes quartet of high-level appointments as it expands its portfolio across the UK and overseas.
Lettings veteran launches prime rental search agency
New venture GH Property specialises in sourcing high-end rental homes across the Home Counties.
By PrimeResi
Mansion tax territory: Three withdrawals per £2mn-plus sale; twice the wait for a buyer
New figures reveal the scale of the challenges facing the top end of England's housing market, with another Budget imminent and the HVCTS looming large.
Priory Walk townhouse hits the market after superyacht-inspired overhaul
In Pictures: Classic Chelsea family home emerges from ambitious reworking by rjha Architects and a cast of specialist contractors.
In Pictures: Echlin x Dyson collab at Ransomes Wharf
London Square’s Battersea scheme showcases British craft with a high-tech twist.
Function Vs Form: What happens when luxury design forgets how a building actually works
Sebastian Moritz runs through the importance of reading building designs from an operational perspective.
LATEST ARTICLES
UAE-backed firm sets ambition to become ‘London’s leading developer’
As rivals beat a retreat from the London market, housebuilder reports 236% sales surge and £5bn development pipeline.
Lanesborough adds investment & asset management arm
Ex-Savills agents team up with chartered surveyor Justin Wood as property consultancy branches out.
Ultra-luxe Rosewood hotel residences go up for sale in Abu Dhabi
Mubadala puts 73 homes inside the landmark five-star hotel on the market, with Sotheby's handling the sales.
Big-bucks mortgages spread beyond London heartland
Savills analysis reveals an 18% rise in £500k-plus lending outside Southern England since 2021, despite a 36% jump in borrowing costs.
House price premium for top school areas shrinks to 29%
'Families continue to pay a significant premium for homes in areas with the strongest-performing secondary schools,' says Savills.
By PrimeResi