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Latest London property market news & updates

Further price drops and interest rate cuts boost buyer activity

After reporting a 1.2% price drop in July, Rightmove reported a further 1.3% (-£4,969) fall in the average price of a UK property coming up for sale in August, taking the cumulative drop in average house prices this summer to just over £10,000. Similarly, the average property price in the capital has dropped by 4.9% …

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High competition for rental property puts Wembley in the lead

The cost of renting in the UK continues to rise, but at a slower pace than before, according to the latest housing report from Zoopla. While rental demand has fallen 16% compared to last Summer, it remains 60% higher than pre-pandemic levels. And, although the gap between supply and demand is gradually narrowing, it hasn’t …

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Is now a good time to buy property in London? What should investors consider?

Buying a London property is often regarded as one of the most sound investment decisions. Whether it is growing rental yields or long-term price appreciation, investors and buyers from all over the world invest in the UK capital. The city’s cosmopolitan appeal, educational institutions, stable political environment and range of properties on offer make it …

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Buying in a new development vs. a period conversion: Which is right for you?

When it comes to architecture, home layouts, character and lifestyle appeal, there is a world of difference between what a luxurious penthouse in Canary Wharf can offer and the prestige associated with a 19th-century Victorian townhouse across the leafy streets of Hampstead. Although they belong to two different eras, London’s property market is diverse, and …

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Southall rental demand remains strong at The Green Quarter

The Green Quarter remains a high-performing residential property asset in a market marked by a continued shortage of rental homes. We’re seeing exceptional tenant retention, with 90% of residents renewing their tenancy for a second or third year. This consistency is translating into strong, stable returns for our landlords. The development’s modern design, high-quality finishes, …

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Home sales pick up after biggest July price drop in two decades

Rightmove reported a significant 1.2% drop in UK property prices in July, as the average asking price decreased by £4,531 to reach £373,709. London saw the sharpest drop, with prices falling by 1.5%, and Inner London properties becoming 2.1% cheaper. The average property price in the capital is now back to £684,689 after crossing the …

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Strong demand and premium rental appeal at London Dock Wapping

London Dock continues to set a high benchmark for rental performance in the E1 postcode, with the latest completions at Boxwood Gardens in Saffron Wharf receiving a particularly enthusiastic response from tenants. The newly released apartments offer a variety of upgraded features, including Miele appliances as standard, a significant draw for today’s energy-conscious and sustainability-focused …

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Property sales accelerate as buyer choice increases in June

Zoopla reported an impressive 6% increase in UK property sales this June compared to last year, marking the fastest rate spike in four years. This growth in sales volume is directly linked to the availability of additional homes on the market, which is 14% more than a year ago. Low prices excite investors as sales …

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House prices set new records as sales volume reaches a four-year high

Despite a decade-high number of homes for sale in the UK, the average asking price of new sellers saw a healthy 0.6% increase (+£2,335) in May, signalling a robust Spring market. The number of sales agreed was also 6% higher than the same time last year, marking a seasonal best average for the previous four …

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Property prices rise steadily amid market resilience and economic growth

Despite the end of the relaxed stamp duty earlier in March, London’s property market continues to show resilience, with an increase in both buyer demand and the number of new sellers entering the market. While property prices continue to grow steadily, an expanding economy and a drop in inflation are among the other positives for …

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Rental supply will ease as Camden sees new property completions

You’d be forgiven for thinking that there were no plots of land left to be developed in Camden, North-West London, such is its international reputation for pristine period architecture and cool hipster vibes. It does, however, share one thing with its Zone 2 neighbourhoods and that is a commercial history that has left it with …

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Rental supply starts to ease demand in Hammersmith

What we are currently witnessing is a robust London rental sector responding to cautious prospective tenants by easing off the throttle rather than slamming on the breaks. And according to property portal Zoopla, although demand for rental properties is up by 17%, there are also 11% more properties available. The narrowing of this supply/demand gap …

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