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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 "the London rental market is now rebounding at an alarming rate."
‘Most competitive rental market ever’ drives record rental price inflation
Average asking rents have risen by over 20% in Central London over the last year, and by 11% outside of the capital.
Prime London Market Snapshot: Tight supply & returning demand push prices & rents up in PCL
"The property markets in central and outer London are increasingly on different trajectories," says Knight Frank, as the latest market indices shine a light on sales and lettings trends.
PCL has ‘turned into a landlord’s market in recent weeks’, as tenant demand surges by 73%
A top estate agency has reported the highest number of new prospective tenant registrations in five years - topping previous records set in June and July this year.
By PrimeResi
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Big-brand super-prime brokerage names new MD; reveals bumper H1 results
United Kingdom Sotheby’s International Realty says it racked up nearly £600mn in sales during the first half of 2025.
Interiors lead appointed at super-prime Pimlico scheme
'Landmark' One Bessborough Gardens project is transforming a former Government spy agency HQ overlooking the Thames.
London property market more split than it has been since Brexit – Knight Frank
Agency flags significant divergence in prices and deal volumes between PCL and POL amid ‘summer of speculation.'
From Manhattan to Mayfair via Miami: Where the world’s $30m+ set call home
New research charts the cities with the largest UHNW residential footprints, revealing shifting second-home trends and emerging luxury hotspots.
Major prime agency installs new lettings boss
Daniel Fisher will lead the 153-year-old firm's lettings business into its 'next chapter'.
Rosewood elevates luxury resi ambitions with senior hire
'Residential business is our strategic development focus,' says CEO of global hospitality group, as top-end specialist joins to drive next growth chapter.
Treasury eyes Autumn IHT & CGT hikes
Reports suggest the government 'is trying to work out how it can tap into the vast wave of wealth that will be transferred from baby boomers when they die.'
By PrimeResi
Irish developer Ronan ‘exploring a return to London’ following landmark Dublin deal
Johnny Ronan's Ronan Group - which once had grand plans for Battersea Power Station - is 'actively pursuing opportunities as it charts a course back into the UK market'.
By PrimeResi
Luxury brokerage adds Chelsea, Knightsbridge & Belgravia specialist
Joe Mason has joined United Kingdom Sotheby’s International Realty as Sales Director.
The Times: How a British estate agent conquered New York
Katrina Burroughs meets 'the rising star of the Big Apple’s real estate scene' ahead of the new season of hit Netflix show Owning Manhattan, in this piece for The Times.
LATEST ARTICLES
Major prime agency installs new lettings boss
Daniel Fisher will lead the 153-year-old firm's lettings business into its 'next chapter'.
In Pictures: Inside Echlin’s country house debut in the Cotswolds
Boutique design firm shows off its first interiors project outside of London - delivering 'subtle luxury' for a Singaporean family in Oxfordshire.
By PrimeResi
‘Fierce competition’ in SW London sees renters bid above asking
'75% of family houses were let at the asking price or above on the first viewing' in July, reports Savills.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Four Seasons to launch standalone resi project in Abu Dhabi
Collaboration with asset manager Alain on Saadiyat Island is promising to 'redefine luxury living in the UAE.'