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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.
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Sale agreed on Spink-designed super-home in Kensington
11,000 sq ft contemporary mansion was guided at £27.5mn and attracted competitive interest.
Watch: Abbey Clancy interviews real estate mogul Becky Fatemi
Sotheby’s International Realty Executive Partner Becky Fatemi reveals 'raw realities' of climbing to the top as a woman in business in candid podcast episode.
Super-prime sale completes on Mayfair’s South Street
5,000 sq ft townhouse, guided at £14.95mn, attracted interest from a number of buyers.
The Standard: The inside story of Highgate’s unsold £32mn mega-mansion
Lee Koffman, Trevor Abrahmsohn and Jo Eccles have spoken with The Standard about high-profile but sticky super-prime listing in North London.
‘Australia’s most iconic residence’ tipped to set new price record
Sydney super-home 'ranks amongst the best in the world'
Luxury property agency targets global UHNWIs with new ‘billionaires’ division’
Elite arm of UK Sotheby's International Realty will offer super-rich clients access to off-market trophy homes, fine art, jewellery & classic cars.
Revealed: The PCL neighbourhoods where more than 9 in 10 homes sell at a discount
Private bank Coutts tells its clients where to unearth the biggest price cuts in the capital's Golden Postcodes.
Hamptons & Chestertons alumnus signs to Harding Green
Cezary Pyda has followed the footsteps of several former colleagues to the self-employed prime property brokerage.
Trio of big-ticket sales tucked away in Little Venice
Flurry of deals go through on Blomfield Road, Park Place Villas & Randolph Road at a combined £32mn, as 'serene' enclave proves popular with wealthy househunters.
Ranked: Countries & cities by billionaire population in 2024
Huron's latest Rich List points to a decline in China's wealth, with New York and London emerging as the world's top billionaire cities.
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Luxury property agency targets global UHNWIs with new ‘billionaires’ division’
Elite arm of UK Sotheby's International Realty will offer super-rich clients access to off-market trophy homes, fine art, jewellery & classic cars.
Savills upgrades UK house price forecasts, anticipating 2.5% growth this year
Lucian Cook's team now expects property values to rise in every region in 2024, with locations furthest from London holding the greatest 'capacity for growth' over the next five years.
Prime London sees ‘lacklustre’ spring property market bounce
'The outlook isn’t exactly gloomy, but neither does the warmer weather signal lift-off for the market,' says Knight Frank's Tom Bill.
Major estate agency group reportedly hits the market
Lloyds Bank-backed Lomond Group could be valued at 'well over £100mn'.
Trophy 1827 townhouse on Fitzroy Square lists at £11.5mn
Grade II* listed Georgian gem is where Ian McEwan wrote one of his best-known novels.