Posts Tagged ‘London’
BREAKING PROPERTY NEWS – 24/08/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. TDS backs OpenBrix with strategic partnership and investment TDS, The Dispute Service, has made an investment in OpenBrix, agreeing a licensing deal for the blockchain-based property portal’s new venture, tlyfe, an app which will launch throughout the UK this year. Not only has the deposit…
Read MoreRecord rents outside London & demand shift creates challenge for smaller flats
Asking rents have hit a record outside London to £964 per month, driven by record demand from renters London is only region where rents are falling, down 6.8% in Inner London, while Outer London is up by 0.8% Two bedroom houses have replaced studio flats as the most in demand property type, as post-lockdown renters…
Read MoreLondon’s best rental spots for lonely hearts as lockdown eases
With lockdown measures easing this weekend, many isolated Londoners will finally be able to venture out in search of other singletons and the best chance of finding them is in Islington, Hackney or Lambeth. However, for those on a more long-term mission, the latest research by international rental marketplace Spotahome has looked at which London…
Read MoreHopping the Thames can save London tenants hundreds in rent each month
The latest research by international rental marketplace Spotahome has found that London’s tenants can reduce their rental outgoings by as much as -28% simply by crossing the Thames. Spotahome analysed the current cost of renting in the London boroughs that straddle the banks of the Thames. The data shows that on average, the cost of…
Read MoreForget London, Oxford is the UK’s worst place to rent
The latest data on the cost of renting from the Office for National Statistics was released last week showing that rents in England have increased to their highest level on record. While the average rent in London is double that of the national average, the latest research by lettings and estate agent Barrows and Forrester…
Read MoreCroydon is London’s most affordable commuter rental hotspot
Renting in a London borough with good transport connectivity can cost you 101% more in rent according to the latest research by international rental marketplace Spotahome. The research also shows that tenants pay £87 in rent for every train or tram stop present in each borough of the capital. Spotahome first looked at the number…
Read MoreLondon has been the most affordable city for renting over the last five years
According to the latest rental market analysis from deposit replacement scheme, Ome, London has been the most affordable city for renting in England and Wales over the last five years when taking into consideration the increasing cost of renting. Ome dissected rental market statistics from the Office for National Statistics (ONS) across 19 major cities…
Read MoreLondon park rents reduce by as much as half from one side to the other
The latest research by Spotahome, the international rental marketplace, has looked at the cost of renting around London’s most sought after green spaces, as well as how tenants can reduce their rental outgoings simply by living on one side compared to the other. Spotahome looked at the average rental cost in each outcode straddling the…
Read MoreLondoners purchased £30 billion worth of property outside the capital in 2018 according to Hamptons International
In 2018 Londoners purchased £30 billion worth of property outside the capital, this is the highest level since 2007 according to Hamptons International most recent press release. Hamptons International reveal that the average price of a home bought by a Londoner outside the capital has also risen and now stands at £398,910 – the highest level…
Read MoreOnthemarket.com highlights London boroughs where people spend the most of their salary on rent –
Data revealed by property website OnTheMarket.com has shown that, for those renting in London, Camden is the borough where tenants are spending the highest percentage of their salary on rent. The data has revealed that when renting a one bedroom property in Camden, 61% (£1,944.28) of the average person’s salary within the borough is spent on rental costs,…
Read MoreRents in UK rose by 2.1% for October compared to same month last year according to Homelet
The latest HomeLet Rental Index – October 2018 reveals that rents in the UK rose by 2.1% in October compared to the same month a year ago. The report also reveals that the average monthly rent now stands at £928 a month. When London is excluded, the average UK rental value was £768 in October 2018,…
Read MoreBrexit uncertainty impacting London’s prime housing market according to LonRes
Latest Q3 2018 analysis of the prime London sales and lettings markets from LonRes Property Data Network (Residential Review Autumn 2018). Analysis of LonRes Prime London sales data shows: Uncertainty surrounding Brexit has biggest impact on London’s prime housing market. Commenting on the prime London housing markets Marcus Dixon, Head of Research, LonRes said: “Whatever…
Read MorePortico, a 17 branch estate and letting agency firm joins OnTheMarket.com
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, is pleased to announce that Portico, a 17 branch estate and lettings agency firm, is now listing its properties at OnTheMarket.com. Portico has offices across London, including Acton, Battersea, Bethnal Green, Bloomsbury, Camden, Chigwell, Clapham, Dulwich, Forest Gate, Fulham, Hammersmith, Highbury, Ilford, Islington, Leyton, Walthamstow…
Read MoreThe extent of monthly house price falls has moderated in London according to Hometrack
Latest Hometrack UK Cities House Price Index report – September 2018 reveals that City house price inflation moderates to 3.2%, down from 3.8% a year ago. Hometrack state that the rate of house price growth across UK cities continues to moderate. The 20-city index is registering an annual rate of house price inflation of 3.2%,…
Read MoreAverage UK rents rose by 1.7% in September compared to same month a year ago according to Homelet
Latest Homelet Rental Index report – September 2018 reveals that average rents across the UK rose by 1.7% in September 2018 when compared to the same month a year previously, rents in London increased by 3% in September 2018 than in the same month of 2017 According to Homelet the average UK monthly rent is now…
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