Success at Nine Elms Point

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 …

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The London sales market – October 2019

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.

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Fraudulent buy-to-let rental applications skyrocket

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 …

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Will Boris Johnson break the Brexit deadlock?

A new prime minister and a clean slate can bring a rejuvenated air of confidence to the UK housing market and while Boris does have a fairly good track record when it comes to housing, he’s probably not the steady hand on the tiller that many would have liked.

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Are the buy-to-let boom days really over?

The UK buy-to-let market has and will continue to be a hot topic of discussion as many believe a consistent string of Government attacks on the nation’s landlords have taken the shine off investing in the sector. An increase of 3% in stamp duty tax and a reduction in tax relief benefits, removing the ability …

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Investment property of the month

1 Bed apartment to buy in award winning Beaufort Park scheme Undoubtedly one of London’s major regeneration success stories, the rise of Beaufort Park as a smart new residential address in Colindale, proves there are rental hotspots that still provide good yields and long-term growth even in Zone 4. One bedroom apartments to buy at Beaufort …

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The London sales market – April 2019

Understandably, we continue to see caution amongst property buyers in London, who tend to be reluctant to commit to a purchase at the moment, instead holding back, awaiting a final decision on the way forward with Brexit. However, enquiries are continuing to come in steadily and we have been starting to see more buyers submitting …

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Investment property of the month

3 Bed penthouse apartment to buy in Amelia House, Beaufort Park, NW9 A well-presented three-bedroom penthouse apartment is offered for sale at Amelia House, part of the award-winning Beaufort Park property development in Colindale NW9. Reached by lift, the apartment is situated on the seventh (top) floor and takes in 1068 square feet of modern …

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The London sales market – March 2019

Almost daily we are asked how the property sales market in London is holding up in the face of Brexit.  So this is probably a good time to explain the situation as we see it at the moment. First, it’s important to point out that, when it comes to property sales, there are two very …

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Rents on the up at Battersea Power Station

A name that has become synonymous with energetic enterprise and imaginative place-making continues to attract tenants to this riverside development next to Nine Elms, resulting in healthy buy-to-let rentals and low void periods reports local agent Benham and Reeves Lettings.

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Buying a Leasehold apartment – what do I need to be aware of?

If you’re considering buying a leasehold apartment, it’s crucial that you understand the implications of what a lease means and how those legalities affect you as a property investor. Here’s our guide to how to understand what your lease means and what homework to do before you buy.

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Remortgage rates for buy-to-let products cut by major UK buy-to-let lenders

Data released by the Bank of England shows buy-to-let mortgage rates at 75% loan-to-value are at their lowest since records began in 2012, averaging just 2.27%. This is mirrored by historically low rates for for home purchasers, with average rates of 3.73% for a two-year fixed rate product on 95% LTV.

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