Tag: Foxtons
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London Rents Rise to New Record
London rents have risen again, reaching new record levels. In July, the average weekly rent was £597, which is up by 12% compared to the same time last year, according to Foxtons Letting Index. Is it easier or harder to find a property?It’s competitive out there. Even though there are more properties available to rent…
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London Rents to Rise, Prices to Fall – Foxtons
London estate agents Foxton’s are predicting that the capital’s rents will continue to rise, even as house prices continue to fall. The Main Points: What This Means for Different People: In Simple Terms: London’s housing market is experiencing two main trends: rents are going up because there aren’t enough properties to rent, and property prices…
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London Property Market Propped Up by Selling Landlords
Foxtons estate agents are saying that the London house market is being affected by the number of landlords who are quitting and selling their properties. Summary for Prospective Investors: In essence, London’s property market is currently being shaped by a complex mix of mortgage rates, government policies, and market behaviors. While there are challenges, informed…