Tenant competition begins to ease as asking rents hit another record high
London rents are rising faster than in any other region, with the average asking rent in Inner London topping £3,000 pcm for the first time.
London rents reach a record high as supply shrinks and demand climbs
Foxtons has listed 38% fewer rental properties so far this year compared to last, while tenant demand is running high.
Record-breaking rental growth continues, with central London rents up 15% on the year
'2022 has been a record-breaking year for rental growth,' says Hamptons. 'But even so, rents have failed to keep pace with wider inflation, and indeed landlords’ rising costs.'
London rents jumped 20% in 2022, and demand remains high
Demand for rental homes in London 'remains high and I do not see a great glut of stock on the horizon,' says Sarah Tonkinson of Foxtons.
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UK buyer swoops on marquee penthouse at boutique Mayfair scheme
Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.
London Square unveils plans for £240mn Chelsea scheme
Assael Architecture-designed proposals involve 42 new homes and a £13mn National Army Museum extension.
Brokerage recruits SW London specialist from Savills
UK Sotheby's International Realty announced a 'strategic expansion' into the region earlier this year.
Private island in the Thames heads to auction
Uninhabited ait near Shiplake 'might just be the Thames Valley’s answer to a beach hut', says Savills.
‘The opportunity was clear’: Behind Maybourne’s expansion into branded residences
COO reveals how the Claridge's operator plans to integrate luxury hotels, homes, and wellness into a highly personalised 'ecosystem'.
Major Irish agency expands with key hires & Knight Frank acquisition
Sherry FitzGerald has bought commercial real estate advisor Knight Frank Ireland, and recruited four senior names from Colliers to its residential business.
Super-prime brokerage reports ‘strong sales with significant deals’ – transacting over £400mn in Q3
International buyers accounted for more than two-thirds of deals handled by UK Sotheby's International Realty.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Rhodium teams up with design platform Invisible Collection
Exclusive partnership will bring collectible design into Rhodium’s portfolio of ultra-luxury & branded residences.
Renters’ Rights Bill clears parliament
Letting agents face big changes to accountability & compliance, as rental sector reforms await the Royal rubber stamp.
LATEST ARTICLES
Property & Pre-Budget Propaganda: Charles Curran on the real effects of policy leaks & speculation
Maskells' MD reflects on how the recent raft of terrifying predictions are impacting on activity in the prime market - and why opportunistic buyers are still pressing ahead.
Brace of Mayfair mansions offered as ultra-prime redevelopment opp
A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.
Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
More speculation about potential tax hikes in November's Budget event.
Property sales dip as buyers ‘adopt a wait & see strategy’
But Zoopla says the market 'remains on track for the most housing sales since 2022.'
Battersea Power Station owner reportedly mulls sale
It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.