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UK housing market remains steady as inflation reaches target and interest rate cut looks likely soon

UK inflation fell to 2% in May, reaching the Bank of England’s target for the first time in almost three years. And while the Bank of England voted to keep interest rates at 5.25% earlier in June, an interest rate cut looks likely soon, possibly in August. In fact, former Chancellor Jeremy Hunt recently said …

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What’s on in London – July 2024

London is heating up this July, and we have the most exciting events happening in the city! The month is all about vibrant cultural events and electrifying music festivals that are bound to be the highlight of your social calendar. Whether you are a lover of culture seeking out powerful theatre performances, a music enthusiast …

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Success story: Off-market properties sold for more than their asking price in Northwest London

This year, our Northwest London branches executed the sale of several off-market properties, all to 100% cash buyers. These buyers were willing to pay an ‘opportunity value’ premium for the properties, as they recognised the advantage of acquiring the assets without external market pressures and the fear of getting gazumped. For the sellers, our discreet …

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Tories vs Labour: Who has the better manifesto for property buyers?

London’s thriving property market, which is often viewed as a reflection of the UK’s stable economy, is driven by sound policymaking and good leadership. On the 4th of July, political parties across the country will contest once again to get their respective government in office and have released their election manifestos to woo voters. Analysis …

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Strong rental demand for apartments at 250 City Road

Located in a central Zone 1 neighbourhood, 250 City Road in Islington has witnessed strong demand from corporate tenants, working across London’s financial and tech districts. This stylish property development by Berkeley Group includes a collection of studios, one, two and three-bedroom apartments, supported by a suite of upscale amenities, including a rooftop gym and …

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The best neighbourhoods in London for foodies

In London the only thing better than the sights is the bites! From Soho’s quirky eateries to Camden’s bustling street food stalls, while Bermondsey tempts you with artisanal treats, and Brixton tantalises you with its bold and spicy flavours, there is something in store for every gobbler! So, grab your forks and loosen your belts …

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Increased stock levels ease pressure on Wembley renters

The shortage of rental properties has been a key factor in historically high rents over the last couple of years, but with new property completions in the Wembley area already rolling out in Quarter 1, many of these developments are already seeing improved stock levels and reducing pressure on London’s renters. According to Zoopla, London’s …

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More rental stock creates choice for renters in Hendon

Rental stock shortages and huge demand from workers returning to their London offices have been a major factor in record-breaking high rents over the last few years, but as 30-plus new property developments across London rolled out completions in the first quarter of 2024, we are now seeing improved stock levels which is stabilising rents …

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New stock eases pressure on Fulham rental market

We continue to see high demand for rental properties in London, outstripping supply in some areas and well presented, accurately priced properties are generally letting within a week. But with the rental market now stabilising after the frenetic activity of the post-Covid years, when demand soared as the world returned to normal, we are now …

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What’s on in London- June 2024

Hold on your hats, and put on your shades because as summer arrives in London, the city is ready to host some of the most thrilling events of the season! From star-studded music concerts to exclusive film premieres and mouth-watering flavours at Taste of London, we have picked some of the must-attend events that will …

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London property update – May 2024

Pent-up buyer demand drives growth in housing market activity Housing market activity is picking up as buyers show increasing confidence in the UK economy and inflationary pressures continue to ease. Pent-up demand from homebuyers is driving much of this increasing activity, as many resume plans that they put on hold last year due to economic …

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It still pays to be a landlord

In recent years UK landlords have been bashed by government policy. They have been seen as ‘fair game’ in a political war that seeks to attract tenants as voters at the expense of those investing in the private rental sector. There is a certain irony to this approach given that around 1.1m tenants in the …

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