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London property prices predicted to see 5% uplift in 2022, driven by the prime market

In a year that remained largely overshadowed by Covid uncertainty, we saw a consistently resilient property market continue to post extremely strong levels of house price growth. The latest UK House Price Index shows house prices are 11.8% higher than a year ago, the third month we’ve seen a double-digit rate of annual growth in …

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Renters flock to Wembley for sophisticated urban living

As the renewal and transformation of the Wembley location picks up speed, Quintain Living is emerging as a clear front-runner in the race to be the area’s most talked-about symbol of progress. A welcomed build-to-rent development which offers a safe place to live and a great sense of community, Wembley Park is a winning combination …

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Welcome back Wimbledon Championships 2021

Marc von Grundherr, Director at Benham and Reeves reports from outside the All-England Tennis Club in Wimbledon, a venue that has hosted some of the most breath-taking moments in sport. It’s a place where legends are created as each year during the Championships, the world’s elite players compete for what is arguably the greatest grand …

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Pancake UK property market topped with above average house prices

Our latest research here at Benham and Reeves, has found that pancake related street names have largely left a sweet taste in the mouth of the nation’s home sellers over the last year! With Shrove Tuesday almost here, our research team analysed sold price property records from the Land Registry, to find out how much …

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London property sales market – review of 2020

2020 has been a rollercoaster of a year for property sales in London – from the lockdown in March which saw the housing market shut down completely, to Chancellor Rishi Sunak’s temporary Stamp Duty holiday which has prompted a surge in activity, boosting demand from London homebuyers.

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How much deposit do I need to buy a house or flat?

As London Estate Agents with branches across London, we know how hard it can be for first-time-buyers to get on the property ladder but there may be good news just around the corner. This year, the UK government has announced several financial measures to help homebuyers, ranging from the Stamp Duty holiday to Prime Minister …

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What can devalue your rental property?

Getting the full market rent for your property should be simplicity itself because there are loads of people who need to rent a place in London, right? Well, the demand is certainly high, but with greater choice available, there are some obvious things that can devalue a property and make potential tenants and buyers run …

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Five questions to ask before investing in London property

As the world emerges from the COVID-19 crisis, unpredictable economic conditions are becoming the new reality. Across time, solid investment decisions have tended to gravitate towards property, which, apart from supplying immediate income, tends to provide long-term capital gains as property values rise…

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Generation Buy. the creation of two million first-time homeowners

The UK Prime Minister, Boris Johnson, has pledged to create two million more homeowners with the introduction of a new 5% deposit mortgage scheme for first-time buyers, aimed at helping younger people in particular get onto the property ladder. At the annual Conservative conference, held virtually this year because of Coronavirus restrictions, the Prime Minister …

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Demand rising for London residential property from Hong Kong investors

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 …

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Invest in the West: Warple Lofts breathes fresh space into Acton

A History of Commerce High specification renovation projects like Warple Lofts are part of the reason why Acton is ready to step out of the shadow of its more well-known neighbours. Another crucial factor is the advent of a super-fast rail connection that will revolutionise travel and put the population of this smart West London …

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What are tenancy fees?

A. The Tenant Fees Act 2019 states that lettings agents and landlords are no longer allowed to charge tenants for reference and credit checks as well as the preparation of legal documents such as a tenancy agreement. The Tenants Fee Act 2019 has made such charges illegal and after a twelve month transition period, came …

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