Category: London Property
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London Rents Fall – Third Time in a Row
Rents in the capital are heading downwards, with decreases seen every single quarter this year. This news, revealed by flatshare website SpareRoom, could be a sign that the once red-hot London rental market is finally starting to cool off. However, it’s not yet a national trend, as rents across the UK are still climbing –…
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Prime London Property: Confidence Takes a Hit
Worried about the housing market? You’re not alone. A new study reveals investors are losing faith in London property, with fears growing over government policies and the rising cost of living. Is the London property dream over? A recent survey by Enness Global, a top finance broker, asked over 100 wealthy investors about their thoughts…
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London Rental Market Still Strong Despite Seasonal Dip
Despite the usual summer rush cooling off, London’s rental market is still looking strong. According to the latest figures from property experts Foxtons, while the peak lettings season might be over, there are still plenty of opportunities out there, particularly in Central London. Here’s the summary: Demand: Competition: Rents and Budgets: New Properties Coming Onto…
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London Luxury Homes Now a Bargain at 20% Off!
Could now be the time to grab your slice of prime London property? Prices in the capital’s most desirable neighbourhoods have plummeted by a fifth since their peak in 2014. Despite lower mortgage rates offering potential savings, Savills’ latest report reveals that the priciest London properties are now 20% cheaper than a decade ago. So,…
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London Rent Rocket: Prime Prices Soar as Demand Stays Strong
Despite whispers of a slowdown, London’s luxury property market is still hotter than a summer heatwave, with rents shooting up 2.6% in August alone, according to LonRes. Research shows that rents are now a staggering 31.6% higher than they were just a few years ago, back in 2017-2019. Renters Clamouring Despite Summer Slowdown There has…
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London’s Prime Homes Struggling to Find Buyers?
Fancy a flat in Kensington or a townhouse in Hampstead? You might be in luck. It seems wealthy buyers aren’t snapping up luxury London properties as quickly as they were. A new report by Benham and Reeves, the estate agents, shows demand for prime property in London has dipped this autumn. Their “Prime London Demand…
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London Rental Market Booming: Tenant Demand Soars, Landlords Urged to Act Now!
Demand for London rentals hits a record high, creating a golden opportunity for landlords. Here’s the inside scoop on the latest trends and why NOW is the time to cash in! The London rental market is red hot, with tenant demand reaching record highs in August. According to new data from Foxtons, a leading London…
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Rich Buyers Uncertain About Buying Prime London Homes
Nervous millionaires and billionaires are putting off buying luxury London homes as they wait to see what will happen in the next Budget. The number of homes sold in London for over £10 million has fallen by nearly a quarter (22%) compared to last year, with experts blaming uncertainty about tax changes. Many wealthy buyers…
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London Million-Pound Homes Vanish After Tax Hit
George Osborne’s changes to stamp duty a decade ago have hammered the capital’s luxury property market. The number of homes in London worth £1 million or more has plummeted by 16% since 2014, according to new research. In stark contrast to the rest of the country, where million-pound homes have increased by 70% over the…
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Americans are Snapping Up London Homes!
American buyers are leading the charge for luxury London property, with almost half of all homes sold for over £12 million last year going to US buyers, according to new research. UK Sotheby’s International Realty revealed that a diverse group of American buyers, from tech millionaires to families, are behind the surge in interest. These…