Rents expected to creep back up in London

The number of properties coming on to the market in London for rent continues to fall, as tenant demand rises - according to the August 2018 RICS Residential Market survey – causing rent expectations to start to creep up following months of decline. The latest numbers (which form a part of non-seasonally adjusted series) show a continuation of the decline in fresh rental stock in the capital, a trend that has been emerging on the back of tax changes on Buy-to-Let properties, while tenant demand has been rising...

Why a high-end German kitchen could sell your London property

There’s a slowdown in the UK property market and it’s hitting London hardest. House prices in the capital for the first half of 2018 fell at the fastest annual rate since the financial crisis of 2007-2008. It may not be the best time to sell your London property, especially if you aren’t prepared to compromise on price. Speaking to The Guardian, one London Estate agent said “House price growth outside of London is being supported by a continuing shortage of...

How to buy a leasehold property with confidence

With the majority of property sales in London being flats, you would think that the public’s understanding of the ownership of a leasehold interest would be thorough, when in fact it is far from that. If the Taylor Wimpey leasehold housing scandal has taught us anything it is that the public are woefully uninformed as to the realities and obligations. This is also not helped by an estate agency culture that tends to shy away from informing clients afraid that...

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