We are completely committed to providing a full lettings service to rental investors and looking after your buy-to-let property should you require us to manage it for you. Our success is only when we let your property and we are 100 per cent dedicated to achieving the optimum rental - always.
Established in 1958, we have six decades of experience at letting and managing property throughout London. Our track record and localised experience has helped overseas and home-grown investors prosper in the peaks and the lows of the rentals market.
Securing a quick let to the best possible tenant is always our aim. This is only possible when a property is marketed at a realistic, achievable local rental. Through decades of experience, our advice is unbiased and tends to be accurate.
Our current network of branches are highly visible and strategically placed in the most popular rental locations including Beaufort Park Colindale, Canary Wharf, the City, Ealing, Shoreditch, Fulham Reach Hammersmith, Hampstead, Highgate, Hyde Park, Imperial Wharf Fulham, Kensington, Kew, Knightsbridge, Nine Elms, Surrey Quays, the West End and Wapping.
We’ve been operating in South East Asia since 1995 and following expansion, we now operate out of five international offices in China, Hong Kong, India, Malaysia and Singapore. Each office employs local staff with experienced, dedicated property managers providing a convenient and personalised service in your time zone. And, you receive the same level of service as our UK clients.
Our network of high traffic websites including www.benhams.com ensure our properties are seen by a constant flow of prospective tenants. We also list with the main property portals including Rightmove, Zoopla and Onthemarket. We are very active on social media and across the Google network. We also do e-marketing and use signboards - all dedicated to attracting tenants 24 hours a day. Once instructed, a property can be online within minutes and images and a virtual tour of your property will be taken by our in-house photographers to give it maximum exposure.
Run by a fully qualified solicitor, our property management department can look after everything from organising repairs with trusted contractors; give advice on legal issues, carry out inspections and generally making sure everything runs smoothly. Our accounts centre is managed by a chartered accountant and offers a full range of financial management services including 24hr access to our online accounts providing you with secure, real-time information when you require it.
Governance and compliance are important to us. Benham and Reeves are founder members of ARLA Propertymark (the Association of Residential Letting Agents) and full members of The Property Ombudsman for Lettings and the Tenancy Deposit Scheme. As estate agents in London, we are also members NALS (the National Association of Estate Agents). You can learn more about this by going to our membership page.
Buying a London property is a prime investment opportunity for Hong Kong buyers – either as a pure investment or as a home. The potential is clear - London is an international hub for business and education and the UK’s stable political system and strong economy are also important factors. New UK Visas for Hong Kong citizens Now, with the ongoing political unrest in Hong Kong and the Chinese government imposing a new National Security Law on Hong Kong citizens, the UK Home Secretary, Priti Patel, has announced changes to immigration laws that will effectively offer British National Overseas citizens visas that allow them the right to work and study in the UK up to five years and eventually seek full British citizenship. We noticed a shift in sentiment several months ago sparked by unrest in Hong Kong and we received a lot of new enquiries for properties completing this year. And since the UK Prime Minister Boris Johnson’s‘commitment’ announcement in July, we have seen a surge in demand for London properties for BNO’s considering the possibility of a new life in London. You can find more information on the new Hong Kong BNO Visa and Passport at Gov.uk website UK Stamp Duty ‘holiday’ cuts purchase prices As well as visa reforms, investors with foreign income are finding the weak pound means London property offers exceptional value while those who need to borrow will benefit from historically low interest rates. And, the current Stamp Duty ‘holiday’ until March 31st 2021 where there is no duty to pay up to £500,000, is further reducing the cost of buying a London property for anyone completing before the deadline.More details about this can be found in our temporary Stamp Duty ‘holiday’ savings blog. Where are Hong Kong expats looking to invest? Expats not living in the UK may not know London well and different areas vary considerably in price and in what they offer residents. Historically, prime central London has always been popular with Hong Kong investors; areas in Zone 1 such as Knightsbridge, Kensington, Belgravia and other prime locations such as Hampstead with their elegant, large period apartments and houses. But the London skyline is changing and recently we’ve seen rapidly growing demand for homes in areas of large-scale regeneration. These offer exceptional value, with the potential for both capital growth and rental income. It’s clear that Hong Kong investors are diversifying and considering property in other zones where value and higher yields can be found. East London is incredibly popular, particularly with younger buyers. Residential developments such as Marine Wharf situated across the River Thames from Canary Wharf, and the new Berkeley scheme at 250 City Road in Shoreditch are schemes of interest. While Nine Elms in Vauxhall, near Battersea Power Station, in Tube Zones 1 and 2, is a hugely successful residential quarter in its own right. Placemaking has taken on a new meaning here and Hong Kong investors are thinking long term so this ticks a lot of boxes for them. This soaring demand isn’t just a trend we’ve noticed. UK newspaper The Times recently published an article on this growing phenomenon. Read it here Helping investors find the right property We are well positioned to help Hong Kong investors buy London property, helping them identify which opportunities are right for them and which areas suit their objectives. We opened our Hong Kong office in 1995 and have a locally employed team of multi-lingual professionals who work seamlessly with our London sales and lettings teams to help Hong Kong professionals buy property in London. They speak Mandarin, Cantonese and of course English, meeting our Hong Kong clients in our local office, streamlining the property investment process. Some of our clients have been with us for 30 years and now we are also looking after their children’s investments. And with 16 branches across London plus our experience Hong Kong team, we have London covered. If you wish to discuss our current property opportunities, please contact our Hong Kong team email or telephone (+852) 2537 5443