Tenant demand for rented homes in London grew by 9% last month, compared to February, according to Foxtons.
The lettings agent highlights that renter demand has fallen 14% year-on-year as the market returns to more typical trends.
Councils in London are tightening their grip on landlords and letting agents who fail to comply with selective licensing rules as fines have already broken through the £10 million barrier this year, research reveals.
This surge comes alongside a predic…
London’s mayor, Sadiq Khan, says he is the ‘renter’s champion’ and is committing to building 6,000 ‘affordable’ homes by 2030 with rents tied to the earnings of key workers.
Mr Khan was speaking at the launch of his third mayoral bid …
There has been a surge in Londoners leaving the capital with Epsom and Ewell, Epping Forest and Dartford topping the list of relocation hotspots, a survey reveals.
The research from Savills found that between January 2022 and August 2023
The average UK rent has risen by 7.8% to £1,223 in the past year, but the pace of growth is starting to slow, Zoopla reveals.
The property portal says this growth slowdown will continue this year –
The average property listing price in the UK surged by 1.5% to £368,118 to mark the UK property market’s ongoing revival from a subdued 2023, data from Rightmove reveals.
The price rise is down to growing buyer interest with estate agent enquirie…
London’s rental market is under threat, warns Propertymark, as landlords look to exploit a deadline and convert their rental properties into short-term lets ahead of new regulations.
That’s because new rules will see new short-term lets hav…
London’s tenants are seeing rent prices fall with three firms highlighting the trend – and how landlords are responding.
Estate agent Chestertons reports a significant increase of 125% in landlords lowering their asking rents, with some are…
A London council has announced it will create a Real Estate Investment Trust (REIT) to secure homes for housing homeless people and families.
The council’s strategy involves leasing back 300 properties from the RIT to boost its temporary housing …
The total value of homes sold in England plunged by 48% in 2023, from £295.7bn in 2022 to £154.7bn in 2023, a new report reveals.
The research from eXp UK, the platform for personal estate agents, found a £141bn difference in the amount of money being …
New data from London Councils paints a grim picture of the capital’s homelessness crisis, revealing a shocking 40% increase in monthly spending on temporary accommodation for homeless households last year.
This translates to a staggering £90 mill…
Build to Rent (BTR) homes are becoming increasingly attractive to renters and investors, as new data from Foxtons shows that they now represent 2% of the UK’s private rented sector (PRS) and 4.2% of London’s PRS.
The lettings and estate age…
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