Tenants spent less on rent in 2018 than in 2017; the first annual fall in a decade
Tenants in Britain spent a grand total of £59.1bn on rent in 2018, report Hamptons International and Countrywide, marking the first annual fall in more than ten years.
New lets fall by 12% across the prime postcodes as tenants stay put
Rental transactions in some areas of London were down by as much as 20% in Q2, reports LonRes, citing high renewal rates as a key factor...
By PrimeResi
London leads asking rent growth for the first time since 2014
A drop-off in new rental supply has pushed average asking rents up in the capital, and trimmed the average time it takes to find a tenant
By PrimeResi
Build-to-rent investment jumps a third to breach £2bn
There's a 'clear emerging trend of a shift away from Prime to fringe locations' says CBRE as it reports record-breaking investment in the BtR sector
By PrimeResi
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Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
Notting Hill villa changes hands for nearly £32mn
Mid-19th century residence is one of the area's finest examples.
Former Schroders base in Mayfair cleared for prime resi conversion
'Remarkable' Upper Grosvenor Street building is set to deliver eight apartments alongside valet-led parking facility in Reeves Mews.
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
British Land picks new CEO
Joanne McNamara will lead the FTSE-100 property company, replacing outgoing chief Simon Carter.
By PrimeResi
Penthouse overlooking Lord’s makes market debut, seeking £10mn minimum bid
Home of Cricket-facing apartment with 100-ft terrace is being offered for sale for the first time, with all proceeds due to go to charity.
Off-market properties outnumbering online listings by 5:1 in PCL, says buying agency
Fear of not having seen everything available is now the main factor weighing on buyers’ minds and undermining confidence, reports Eccord.
Rupert Collingwood: The property ladder is freezing from the top down
If we want the market to function more efficiently again, we need to stop viewing the housing crisis purely through the lens of first-time buyers, says brokerage chief.
Plans submitted for significant 89-home refurb scheme in South Ken
Wellcome is looking to upgrade a portfolio of 34 townhouses on Evelyn Gardens, transforming former student accommodation into high spec homes.
By PrimeResi
Grosvenor backs Westminster resi scheme with £22.6mn loan
Prominent Vincent Square building is being reworked as 26 homes.
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SW London estate agency appoints new sales & lettings heads
Arrival of a new Head of Sales and a new Head of Lettings 'mark an exciting new chapter for Lawsons & Daughters,' says boss Sanjay Joshi.
By PrimeResi
KFH hires ex-Foxtons director for senior lettings role
Suzi Robertson was previously Foxtons' first female front office director.
In Pictures: Caudwell unveils €29m Riviera trophy home with Windsor links
Marquee residence at Le Provençal is the region's biggest new listing this spring, says developer.
Forecasts Recast: Influential analysts downgrade prime property prospects as outlook darkens
Knight Frank, JLL, Savills and Strutt & Parker have all cut house price forecasts in the last few weeks. PrimeResi checks where the market stands as we head into H2.
By PrimeResi
Heavyweight property companies exit FTSE 100
Berkeley Group and Rightmove are both being relegated from the UK's index of corporate giants.
By PrimeResi