Demand in the prime central London lettings market continued to strengthen in September as uncertainty persisted over short term pricing trends in the sales market. The number of tenancies agreed in the three months to August rose 15.7% and marked the highest on record for the month, according to the latest index from real estate […] The post Prime central London rent market sees demand up as values fall appeared first on PropertyWire . Continue reading
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London landlords advised not to be greedy and value tenants in period of stagnation
Landlords in London are being advised not to seek rent increases and to even consider reducing rents for particularly good tenants as the sector is currently stagnating. The key to surviving in the current market is to retain good tenants and even undertake work on the property to keep them happy and avoid void periods, […] The post London landlords advised not to be greedy and value tenants in period of stagnation appeared first on PropertyWire . Continue reading →
UK property prices continue to grow, up 1.3% in August, official data shows
Property prices in the UK increased by 1.3% in August and are up 8.4% compared to a year ago, taking the average price to £218,964, the latest index shows. The figures from the Office of National Statistics (ONS) also show that prices increased across most of the country with only Wales and the North East […] The post UK property prices continue to grow, up 1.3% in August, official data shows appeared first on PropertyWire . Continue reading →