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KEYWORD "Sales Market" - 100 RESULTS
Rents Under Pressure in parts of London, admits top agency

Supply has continued to build while demand remained steady, which increased downwards pressure on rents in the first quarter of 2024...

09 April 2024

From: Breaking News

Agency warns on landlords’ and tenants’ differing rent expectations

Prime London rental values ticked up 0.3% over the first three months of 2024, according to Savills, as the market continues...

04 April 2024

From: Breaking News

Crunch Week ahead for interest rates and inflation

Latest inflation figures are announced on Wednesday and the Bank of England makes its next base rate decision on Thursday. The Office...

15 March 2024

From: Breaking News

RICS Warning: rents still rising as landlords quit lettings sector

Today’s new market snapshot from the Royal Institution of Chartered Surveyors shows tenant demand rising but at a rather more modest...

14 March 2024

From: Breaking News

London still attracts rental investors despite 'disjointed' market

A prominent property expert who runs a buying and property management service for high end clients says London still attracts international...

01 March 2024

From: Breaking News

Political uncertainty suggests ongoing landlord exodus, says Knight Frank

Prime London rental values fell closer to their longer-term average in January, as supply continued to increase - but worries about...

05 February 2024

From: Breaking News

Agent says rents set to fall as economy returns to near-normal

A buying agent claims that rents could finally be tailing off despite some indices showing rises still taking place. According to Rightmove,...

05 February 2024

From: Breaking News

Wealthy tenants demand prime rental units ‘with highest spec’

A prominent lettings agency is advising landlords to fit out homes in prime locations to the same high specification as if...

01 February 2024

From: Breaking News

New Year Bounce - strong start to 2024 housing market says Zoopla

A return of pent-up demand and mortgage rates falling below five per cent have boosted the start of the year for...

29 January 2024

From: Breaking News

Supply-Demand imbalance eases in prime areas - and rents stall

Savills says prime rental growth across London and the country has stalled for the first time in almost three years. In prime...

29 January 2024

From: Breaking News

Foxtons heavily reliant on lettings to stay in the black

Foxtons’ unaudited end-of-year trading statement makes no bones about it - the lettings division saved the agency’s bacon in 2023. It suffered...

26 January 2024

From: Breaking News

Growing agency group snaps up three regional agencies

Leaders Romans Group has acquired three major lettings, sales and surveying businesses operating multiple branches across London, Surrey, Oxfordshire and Gloucestershire. The...

23 January 2024

From: Breaking News

Big mortgage rate cuts likely this year - agency revises forecast

Knight Frank has revised its housing market forecasts for 2024, just two weeks into the new year. It’s done this on the...

15 January 2024

From: Breaking News

Figures reveal UK's fastest growing lettings agency as 2024 starts

Foxtons claims it’s reached new heights under its latest management team. The agency has been described as the is fastest growing UK...

02 January 2024

From: Breaking News

More acquisitions in 2024 says fast-growing agency group

Lomond has announced one more acquisition in the North West of England - the 17th it has completed in the region...

28 December 2023

From: Breaking News

Top agent senses change of mood in rental market

One of Britain’s leading agents - former RICS residential chairman Jeremy Leaf - says he is seeing a change of mood...

21 December 2023

From: Breaking News

Huge 31% leap in prime London rents since pre-pandemic times - LonRes

LonRes says rents in prime London are still rising but the rate of rental growth has slowed to two-year low. That took...

18 December 2023

From: Breaking News

Prime lettings market now near normal says Knight Frank

There were 3.7 new prospective tenants for every rental property listed in prime London postcodes last month says Knight Frank. The figure,...

14 December 2023

From: Breaking News

More tenants now shop around, says high profile agent

A prominent London buying agent and property consultant says the slowly improving supply of rental property means more tenants are now...

11 December 2023

From: Breaking News

Affordability Crisis: rents near ceiling in some regions, index suggests

Affordability limits have been reached in several regions of the UK, the Home property website suggests. While some regions are still recording...

17 November 2023

From: Breaking News

Latest rent rise is seven year high according to official figures

The Office for National Statistics official government lettings index shows that private rental prices paid by tenants in the UK increased...

17 November 2023

From: Breaking News

Foxtons figures fly for lettings, falter for sales

Not for the first time this year, a trading update from London-focussed agency Foxtons has shown that lettings is leading the...

30 October 2023

From: Breaking News

Close link between rental and sales markets says prominent index

The latest edition of the Home housing index shows Conti suing close links between both the lettings and sales markets. The Home...

19 October 2023

From: Breaking News

Louis Musgrove - Group Managing Director at Southernbrook Lettings

Who are you and what does it say on your business card? Louis Musgrove – Group Managing Director   What is Southernbrook Lettings and...

12 October 2023

From: 60 Second Interview

Market Showing - prime rental growth starting to moderate

Rental growth in prime regional markets has started to slow, following runaway growth over the past three years. That’s the view from...

09 October 2023

From: Breaking News

Agency says London rental market lull down to fewer overseas students

Rental value growth in prime London postcodes declined further in August as supply built and demand cooled.  That’s the view of high...

18 September 2023

From: Breaking News

RICS survey predicts yet more rent rises

The latest lettings market snapshot from the Royal Institution of Chartered Surveyors shows that a significant majority of members expect yet...

14 September 2023

From: Breaking News

Agency group bucks the market thanks to turbocharged lettings

The Property Franchise Group has reported a bumper half year of trading with revenue at £13.2m and pre-tax profits up 11...

13 September 2023

From: Breaking News

Winkworth slump would be still worse without lettings growth

Lettings income has saved the bacon of franchise agency Winkworth after a sales slump hit profits.  A trading statement from the agency...

07 September 2023

From: Breaking News

Prime London lettings stay strong as sales market slumps

Annual rental growth in July was 9.1 per cent across prime London according to LonRes.   This figure took rents to 28.4 per...

18 August 2023

From: Breaking News

Joy as London stock supply improves - but no respite for renters yet

The long-awaited supply increase in the prime London lettings market is underway, says high-end agency Knight Frank.  The agency says the underlying...

09 August 2023

From: Breaking News

Praise for self-employed and entrepreneurial franchise teams

The head of one of the country’s highest profile franchise agency empires says the self-employed ethos of some advisers and entrepreneurial...

04 August 2023

From: Breaking News

Lettings boom helps franchise brands offset sales falls

Increased lettings income proved a valuable balance to a declining sales market for The Property Franchise Group in the first half...

03 August 2023

From: Breaking News

Lettings division proves its worth in agency's big turnaround

A strong lettings division has allowed Foxtons to record strong growth in its latest trading statement, despite the challenging sales market. The...

28 July 2023

From: Breaking News

Call for buy to let mortgage rules to be relaxed during crisis

A property industry commentator wants buy to let mortgage rules to be relaxed so that frustrated sellers can let out their...

12 July 2023

From: Breaking News

Agency’s shock figures over collapsing sales market

A prominent lettings and sales agency says there’s been a dramatic 54 per cent slump in sales this year.  Research from Barrows...

07 July 2023

From: Breaking News

Prime Central London rental supply improving at last - agency

The story of low supply in the prime London lettings market appears to be coming to an end, says Knight Frank. The...

30 June 2023

From: Breaking News

Letting agents can keep growing in a challenging market

It’s no secret – 2023 is a difficult year for the property industry. While rising rents should lead to increased income...

07 June 2023

From: Sponsored Content

Renters Reform Bill to dominate free webinar for agents

Zoopla has announced it’s hosting its quarterly market update next Wednesday, June 14, to discuss how agents can keep their business...

07 June 2023

From: Breaking News

Gloss comes off prime central London lettings and sales markets

Prime London’s housing market lacks its usual seasonal spring bounce with prices flat and transactions down, admits property data consultancy LonRes. And...

19 May 2023

From: Breaking News

No end in sight to supply drought in prime London

One of the high end lettings agencies dominating the prime London rental landscape says there’s no end in sight to the...

11 May 2023

From: Breaking News

High rents push more first timers into buying - claim

The property market could be emerging from the downturn, Zoopla says.  Annual house price growth remains just 3.0 per cent according to...

04 May 2023

From: Breaking News

Revealed - the 414-page end-of-tenancy check out report

A property management firm says it recently compiled a check-out report for a property which was 414 pages in total. The property...

02 May 2023

From: Breaking News

Sales market supply set to rise as more landlords quit - prediction

More property is likely to come onto the sales market in the weeks and months ahead as rising numbers of landlords...

27 April 2023

From: Breaking News

Smaller properties drive prime London rental growth

Prime London rents picked up again over the first three months of this year, says Savills. Rental prices are up 1.4 per...

12 April 2023

From: Breaking News

Prime London rents soar but affordability not an issue - claim

The rental market in Prime London continues to suffer from a severe stock shortage according to recent data from property consultancy...

14 March 2023

From: Breaking News

Foxtons relying on lettings for revenue as brand is reshaped

Foxtons’ latest trading statement suggests that it’s heavily reliant on lettings revenue as the sales market stutters and the whole company...

08 March 2023

From: Breaking News

Lettings growth is bright spot for agency after big profits fall

Pre-tax profits for Connells Group have plummeted from £111.3m in 2021 to £67.5m last year - but its lettings division has...

02 March 2023

From: Breaking News

Lettings instructions dip in London after New Year surge

The number of lettings instructions in London has dropped since the start of the year.  Knight Frank says that compared to the...

01 March 2023

From: Breaking News

Some London rents rising by a third in just a year, website claims

Rents across Greater London are up 21 per cent year-on-year according to the Home property website, which prepares a mon they...

20 February 2023

From: Breaking News

Interest rates to rise again as top agent warns on sales market

The chief executive of Propertymark is warning that interest rates are likely to rise at least one more time. The remarks by...

09 February 2023

From: Breaking News

Lettings Market - Change clearly on the way, says Knight Frank

The supply of lettings property is finally increasing says Knight Frank. The agency says that in London and elsewhere, mortgage rates and...

01 February 2023

From: Breaking News

All Change - supply growing and rental prices under pressure

A leading agency says there are now clear indications that supply in the lettings market is growing and that rent levels...

24 January 2023

From: Breaking News

Rents may have peaked - but that’s bad news, says Propertymark

The chief executive of Propertymark says latest data from letting agents suggests rent rises may have peaked - but that could...

19 December 2022

From: Breaking News

Lettings key to agents’ survival if sales slump in 2023

Data from the mortgage lenders’ trade body UK Finance shows the wisdom of agents having a lettings division. The body says: “We...

14 December 2022

From: Breaking News

Agent wants rental properties to have their own planning class

A prominent independent lettings agency says the typical tenant outside of London now spends 63 per cent of their household income...

09 December 2022

From: Breaking News

Lettings market “does not bode well for low income tenants”

Trends in the lettings market “do not bode well for renters on low incomes” according to an analyst. Jack Godby of lettings...

09 December 2022

From: Breaking News

Lettings market continues to fly, says latest RICS survey

The headlines surrounding today’s new RICS market snapshot will concentrate on dramatic house price falls but the drop off in the...

08 December 2022

From: Breaking News

Rightmove lifts lid on agents’ workload in today’s market

A survey among letting agents on Rightmove has found that on average they are managing 36 enquiries per property and spending...

25 November 2022

From: Breaking News

Lettings will be safety net for agents hit by major downturn - claim

Agents should look to lettings to protect themselves when the sales market is hit by the coming recession and drop in...

08 November 2022

From: Breaking News

Buy To Let rental growth to lag behind Build To Rent - claim

The current supply demand imbalance across the UK rental market looks set to endure as fewer households move across into owner...

02 November 2022

From: Breaking News

Foxtons new CEO enjoying strong start to honeymoon period

Famous London agency Foxtons has enjoyed a shares boost on the back of a 25 per cent spike in revenue in...

28 October 2022

From: Breaking News

London rentals market - prime areas boom, commuter belt slows

Prime London rental growth reached 14.0 per cent in the year to the end of September according to Savills, but the...

03 October 2022

From: Breaking News

Sales market now favours buyers - how will this affect rentals?

Zoopla is issuing a warning today that price cuts in the sales market are likely to hit pre-pandemic levels as affordability...

29 September 2022

From: Breaking News

Supply of homes to rent stays static for three straight months

The rental sector remains strong according to the latest market survey by Propertymark. The number of new tenants registered on average per...

29 September 2022

From: Breaking News

Rent caps ‘will scare lettings investors away’ warns analyst

Headline-grabbing demands for more regulation and rent freezes risk frightening buy to let investors away, a leading analyst warns. Doug Shephard is...

15 September 2022

From: Breaking News

Double digit rent rises to continue in prime markets - top agency

As the new academic year gets underway, demand continues to far outweigh supply in the lettings market in London and the...

15 September 2022

From: Breaking News

Rental market to outperform sales for years to come - new analysis

New long-term analysis by Hamptons says rental growth will cool over the coming years but will still outperform house prices between...

02 September 2022

From: Breaking News

Corporate investors side-stepping tax set to move into rental sector

A leading market analysis suggests that the private rental sector may be set to benefit from large scale corporate investors seeking...

16 August 2022

From: Breaking News

Prime London lettings market some way from normality, admits agency

Knight Frank has made a candid observation about the prime London lettings market, saying it remains “a long way from normality.”  While...

10 August 2022

From: Breaking News

Shock for lettings and sales markets as big interest rate rise announced

The Bank of England's Monetary Policy Committee has announced that base rate is rising from 1.25 to 1.75 per cent. The rate is now...

04 August 2022

From: Breaking News

Lettings income keeps rental industry giant on growth path

Belvoir says that during the six months to the end of June income increased 11 per cent on the year before,...

02 August 2022

From: Breaking News

Rents roar ahead of pre-pandemic levels in prime areas

Rental growth continues to roar ahead across prime areas of London, according to Savills. Prime London rental values increased a further 3.3...

07 July 2022

From: Breaking News

Rental supply increasing at last as London returns to near-normality

Knight Frank says a frustrating period for tenants looks likely to continue this summer in the prime London lettings market.  While supply...

17 June 2022

From: Breaking News

OnTheMarket success includes lettings innovations - claim

OnTheMarket says its innovations with partnerships in the lettings sector have played a part in its successful growth. In the 12 months...

15 June 2022

From: Breaking News

Phil Spencer urges sales-only agencies to get into lettings

TV property expert Phil Spencer says the slowing sales market should spur sales-only agencies into the lettings field. He suggests that ongoing...

13 June 2022

From: Breaking News

Soaring rents, Bidding wars, Supply drought - the market today

A senior lettings chief says the supply drought is making the rental market as overheated now as at any time in...

18 May 2022

From: Breaking News

Rents can’t stay this strong forever - affordability worries surface

Zoopla is warning that the recent sharp rise in rents has stretched affordability with the average rent now accounting for 37...

17 May 2022

From: Breaking News

Amazing annual rent rises as London recovers from pandemic

Rental values in prime areas of London are now nine per cent higher than they before the pandemic, with Knight Frank...

11 May 2022

From: Breaking News

Prime London lettings market back with a bang insists agency

Rents in prime areas of London are nine per cent higher today than before the pandemic according to Knight Frank.  The high...

09 May 2022

From: Breaking News

Agency boss condemns political party for “punitive” attack on rental sector

One of the UK’s largest lettings groups has made an outspoken attack on the policies of a political party standing in...

27 April 2022

From: Breaking News

Rent to rise this year and the long term - latest market info

The latest market sentiment survey of the lettings market from the Royal Institution of Chartered Surveyors suggests that rent rises will...

19 April 2022

From: Breaking News

Massive London rent rise takes UK average growth over 10%

An eye-watering annualised rent rise in Greater London of 27.3 per cent has helped pushed the all-UK total yearly hike to...

17 March 2022

From: Breaking News

Agency club helps buy to let investors expand portfolios

An independent agency in the Midlands has set up a club attracting investors from as far as Hong Kong, Dubai and...

22 February 2022

From: Breaking News

Rent controls would prompt switch to Airbnb - warning

The imposition of rent controls - urged by a growing number of politicians and pressure groups in different parts of the...

18 February 2022

From: Breaking News

Rent To Buy scheme snaps up senior housing guru

One of the most respected figures in British housing has joined one of the growing number of Rent To Buy companies. Lord...

05 January 2022

From: Breaking News

Purplebricks denies newspaper claim that it's selling lettings division

Purplebricks says a newspaper story suggesting it will sell off its rental business is not true. A company statement this morning, issued...

04 January 2022

From: Breaking News

Ballistic! Lettings market ends year with a bang

A leading market forecaster has described the level of rent rises in one part of the country as “going ballistic”. “The London...

24 December 2021

From: Breaking News

Staged properties fetch more in lettings and sales markets

Staging a home during the selling process could boost a sale price by up to £47,000; meanwhile lettings asking prices could...

18 November 2021

From: Breaking News

Low rental supply worsening in every region of England, says index

Home, the property website that publishes an authoritative market snapshot for lettings and sales each month, says the long-standing supply drought...

16 November 2021

From: Breaking News

London rental demand up as offices and students return

The demand for London rental properties has increased by almost 60 per cent in the third quarter compared to the same...

10 November 2021

From: Breaking News

Rents up sharply in prime areas of London as market bounces back

Rental growth in prime areas of London has climbed to multi-year highs according to new data from Knight Frank.  While only a...

05 November 2021

From: Breaking News

More buy to lets being sold despite rental market strength - data

More buy to let properties are being put on the sales market, despite the strength in the lettings sector, says Zoopla. In...

30 September 2021

From: Breaking News

Easing of pandemic restrictions pushes growth to record levels – Knight Frank

Knight Frank is anticipating a “sprint for stock” in the lettings market as offices reopen and travel restrictions ease.  Tom Bill, Knight...

20 September 2021

From: Breaking News

Government must back letting agents as rental reform nears - call

There’s been a call for government to do more to support letting agents as an autumn of rental reform begins. Mark Hayward,...

10 September 2021

From: Breaking News

Some rents soar 25% in a year says leading lettings agent

Rents in some of the most popular locations of the country have risen 25 per cent in the past year according...

08 September 2021

From: Breaking News

Rise in investor demand for properties to continue, predicts Zoopla

There’s been a 21 per cent rise in demand for properties from buy to let investors according to a new analysis...

26 August 2021

From: Breaking News

New figure revealed for rent increases as every region shows a rise

Another index is showing that a scarcity of rental properties has prompted a rise in every single region of Britain -...

13 August 2021

From: Breaking News

Rental sector bounce back underway, says leading agency

The rental sector bounce back in London and the Home Counties is now underway according to Knight Frank. The agency forecasts rental...

21 July 2021

From: Breaking News

Rent recovery in London may kick-start capital sales market too

Rapidly rising rents may trigger a new wave of investment buyers in London, helping to resuscitate the capital’s sales market in...

15 July 2021

From: Breaking News

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