rentals
Prime lettings market in London benefitting from sales slowdown
A slower sales market in London’s super prime lettings sector over the past 12 months has boosted demand as tax changes have led to greater price sensitivity among buyers. In particular higher rates of stamp duty have altered the dynamics of both the lettings and sales markets in prime central London so sales have slowed […] The post Prime lettings market in London benefitting from sales slowdown appeared first on PropertyWire . Continue reading →
Residential rent growth falling across much of the UK
Residential rental growth is slowing in the UK with the average rent up by just 0.05% in October, down from the 0.09% recorded the previous month, the latest index data shows. Growth was slowed in particular by a 0.11% fall in rents in London while when the city is excluded the growth was 0.14% in […] The post Residential rent growth falling across much of the UK appeared first on PropertyWire . Continue reading →
New research records large drop in new rental properties in UK towns and cities
Some 40% of key towns and cities across the UK experienced falls in new rental properties being listed in September compared to the previous month, new research shows. There are signs that it is due to landlords being affected by changes in the buy to let sector as eight out of 10 locations which saw […] The post New research records large drop in new rental properties in UK towns and cities appeared first on PropertyWire . Continue reading →