Rent in Prime Central London market down but activity is stronger

Rental values in the prime central London lettings market fell over 3.5% in the year to July 2016 but activity is stronger than last summer. According to Knight Frank, values were down due to higher stock levels and a degree of uncertainty surrounding the EU result. There have been higher levels of supply in the Read More

Plummeting Residential property prices in Prime London

Residential property prices in prime central London are presently falling since seven years due to greater uncertainty in the market following the EU result. According to Knight Frank report, house prices in prime London have been dropping since last quarter the last year, but the EU results appears to be hastening it a downward trend Read More

UK prime commercial property rents up by 1pc in Q2

Rent across the UK’s prime commercial property increased by 1% in the second quarter of 2016, enhanced by near record levels of rental growth in central London shops, according to a recent report. The latest CBRE’s report shows that in this quarter the uncertainty caused around the EU referendum made prime yields to remain stable. Read More

First time buyers’ house price in England rise by 28% in last 4 years

First time buyers in England are now paying out an average of just over £196,000 for their home, a rise of over £42,400 a 28% over the last four years, latest research shows. According to eMoov’s report, over the same period the average house price has increased by 26%, highlighting the ever growing difficulty many Read More

UK residential sales up by 4.9 pc

The temporary seasonal adjustment in UK property transaction count for June 2016 was over 94,500 residential transactions. Residential property sales recorded in the UK increased by almost 5% between May and June 2016, according to the recent reports. The residential transaction count is up 4.9% month on month, whilst it is 10.2% lower on comparing Read More