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The final phase of new rental homes has started to complete in Nine Elms Point a highly popular scheme in the Nine Elms regeneration area. Despite these new homes completing during the autumn season,demand has been the strongest we have ever seen for a new property development! The first 25 homes that completed were let …

Continue reading “Success at Nine Elms Point”

A shortage of rental properties remains a serious issue for us, meaning we do not have enough rental accommodation to meet applicants’ needs. This is becoming a significant problem across London. But why? Well, of course we know that some landlords have exited the market, deterred by changes to the UK’s tax system.

The London property market is once again seeing enquiry levels increase, with demand particularly strong from first time buyers keen to take advantage of a slower than usual sales market, the financial advantages offered by the Government’s Help to Buy Scheme and continuing low interest rates (currently 0.75%), keeping down the cost of borrowing.

London, with its unfamiliar playing surface and relative lack of media coverage for American Football has proved to be a tough place to get results in and that’s before you factor in our capricious weather (four seasons in one day, what’s that about?). The weather won’t worry lovers of German festivals as they tend to …

Continue reading “What’s on in London – October 2019”

Here’s the latest in our popular blog series showcasing the best discounts and rental yields in London. According to Rightmove, asking rents in the capital are at an all-time high with a record year-on-year increase of 8.2%; as demand for realistically priced and well-presented properties continues to outstrip supply.

Carmen Ching has joined Benham and Reeves as its new Regional Director. Responsible for the Greater China area, her appointment is vital to the company’s ongoing expansion plans in the region as it seeks to broaden the range of property investment services available to Chinese investors in the UK and in other overseas locations.

As a responsible landlord, it’s important to know how to handle the difficult process of a tenant passing away in the event of that happening and the circle of life often means that many landlords are in fact landlords themselves through death, as they inherit the family home from their parents and then let out.

This September, we’re happy to share a rental success story at the newly completed Atlas Building in Old Street EC1. With its striking design and distinctive style, this stunning 40 storey building is the tallest residential tower in London’s Tech City and offers Zone 1 city living at its best.

Traditionally, the summer months are a quiet time for the London property market, with many people away on holiday and keen to kick back and enjoy the sunshine. So demand from buyers has been subdued over the last few weeks, as we would expect at this time of year.

Rental demand in London is simply phenomenal at the moment. The combination of strong demand from students, young graduates moving to London to take up their first job and professional renters generally (from the UK and overseas), means that enquiry levels are at an all time high.

In times past, parts of the Capitalsuch as Hyde Park or Kensington were regularly marked off as exhibition spaces and the Victorians loved to spend the whole day there as it freed them from the city’s dust and smoke. Today, London’s clean air and extensive transit networkhas transformed the whole metropolis into an outdoor venue …

Continue reading “What’s on in London – September 2019”

Radio version of this breaking news With many Malaysians investing in London property, Marc von Grundherr, Director at Benham and Reeves talks to leading radio station BFM 89.9 about the rise in fraudulent tenants and what you need to know. Listen now Research we commissioned recently has revealed the increasing level of fraudulent property rental …

Continue reading “Fraudulent buy-to-let rental applications skyrocket”