The London housing market has been frozen following instructions from the government for real estate agents to close up shop until the coronavirus lockdown passes. Buyers and sellers are being asked to hold off on moving home as much as possible.
The apocalypse isn’t quite upon us yet, but the “Airbnb Apocalypse” may very well be here. Airbnb hosts who have put together their own short-term rental empires are now facing the reality of less tourism and less rentals, which means big losses for them.
The London property market had been enjoying something of a revival since the general election late last year. That recovery is now being put on hold, along with the entire London property market, due to the effects of the Covid-19
Online home viewings are soaring in response to the pandemic. There’s millions more people at home now, and one way those people are spending their time is looking through property listings and seeing what’s available.
The London property market has been undergoing something of a resurgence lately, with the prime property market standing out among London house prices graph showings. The private banking institution Coutts found that sold property prices for the prime market were looking much better at the end of 2019.
While there has been a lot of uncertainty over life after Brexit, much of the uncertainty over the London property market has been cleared by the Tory Party winning the general election late last year.
The London property market – in particular the commercial sector – is set to see plenty of investment in 2020 with international investors looking to enter the high-yielding market. The latest research into property data by Knight Frank shows that investors have increased capital aimed at commercial assets to £48.4bn,...
According to the latest data from Molior London, a market analyst group, developers began work on 5,725 new home sites for London during the last quarter. This represents an increase of 12% over the previous quarter before that. Sales of those new homes in the capital also increased by a...
Take a look at the latest property data and you’ll notice a real lack of rental properties for the capital. The rental market in London is lacking right now. With less supply and more demand, it’s going to see the average rent in London slowly climb during the year.
There has been a lot of competition for property in the London market, with prime property seeing the bulk of it. Transactions for this kind of property increased by 34% for the fourth quarter of 2019 year-on-year, representing great growth for the market. This increase in competition is sure to...