The average rent in London has reached £2,121 per month, reflecting a 4.2% increase over the past year. While still the priciest rental destination in the UK, growth has notably decelerated compared to previous months, with a decrease from last month's 6.4% and a...
Market momentum continues to build: Zoopla
Zoopla predicts a continued increase in sales market activity, projecting a 10% rise in home sales for 2024 compared to 2023. The momentum in new sales being agreed has been building for the last 5 months, and the sales market is on track for 1.1 million sales over...
Adar Poonawalla’s next purchase is the most expensive house of 2023 in London
The Aberconway House, located in London, stands as one of the oldest and most prestigious mansions in the city. In 2023, it claimed the title of the most expensive house on the market, listed for sale at a staggering GBP 138 million (INR 1441 crore approximately). The...
The Average Home buyer pays £8 Million. Welcome to London’s priciest postcode
In England, the cost of entry to reside within the priciest postcode stands at an average of £8 million (US$10.2 million). London’s W1K postcode, encompassing a significant portion of the esteemed Mayfair neighborhood, claims the top spot as the most expensive housing...
The importance of Photography in Real Estate
Photography holds immense significance in the realm of real estate, profoundly influencing property sales and acquisitions. In today's fiercely competitive market, agents must employ top-tier marketing strategies and harness technology to gain a competitive edge. Real...
Anticipating London Share Price Growth in 2024
Equities are poised for a significant upswing this year as central banks initiate long-awaited interest rate cuts, and investors embrace the advantages of a positive rate environment while navigating the waning effects of the inflationary storm. Analysts at Liberum...
Pet ownership in the rental market
The rise of pet ownership has significantly impacted the rental market in recent years, as more individuals and families with pets seek housing accommodations. Several factors contribute to this trend: 1. Changing Demographics: Millennials and Generation Z, who make...
Freddie Mercury’s Kensington house ‘Garden Lodge’ hits the market for £30 million
Observant readers may recognize the Edwardian residence nestled in Kensington, once the cherished abode of the iconic Freddie Mercury, lead vocalist of the legendary band Queen. A connoisseur of art and culture, Freddie curated an extensive collection of costumes,...
Is Investing in London Property still a good move ?
Amid lingering recession concerns, investors are increasingly drawn to avenues that prioritize capital preservation and offer stable returns. London, renowned as a global hub with remarkable stability and liquidity, continues to lead the vibrant buy-to-let market....
The best real estate investments in London in 2024
First, property values expectably will rise. We noticed substantial demand for London and Europe-wide real estate from existing clients, especially in the luxury sector where sales rebounded after a strong start in early 2021 and the inevitable second quarter decline....
Property industry reacts to interest rate announcement
The Bank of England has opted to maintain the UK interest rates at 5.25%, marking the fourth consecutive month without a change. Interestingly, this decision reveals a three-way split within the monetary policy committee (MPC) for the first time since the 2008...
London house prices drop as sellers knock another £2,500 off in January
London house prices experienced a monthly decrease of £2,469 in January, with an average asking price of £664,550, down 0.4% from December, according to Rightmove's House Price Index. Despite signs of a recovering market, sellers need to price competitively in the...