Latest London property market news & updates

The London housing market is really stepping up a gear as we enter the busy summer months. Buyers are showing increasing confidence now that mortgage rates have stabilised and gloomy economic forecasts have thankfully failed to materialise. So the outlook is positive.

Landlords need to be very careful and be sure they have declared all their property income on their UK tax returns and paid all monies due. Whether an underpayment is intentional or not, HMRC can now collect the tax due PLUS interest PLUS a impose a whopping 200% fine.

Most new builds offer buyers a harmonious blend of open green spaces, modern amenities, proximity to excellent schools and a welcoming community — making for tranquil locations amidst London’s hustle and bustle.

Spring is in the air at last and a sense of optimism is returning to the London property market as we move into one of the busiest times of the year. London house prices seem to be resilient; mortgage interest rates are coming down and we are seeing the traditional ‘spring bounce’ in the sales market.

Traditionally, Spring is when the Japanese market kicks into high gear and this year is no different. What has changed is the fact that more and more Japanese tenants have engaged in online viewing before they arrive in London. This trend means that through February and March, we have already received offers concerning tenancies which start later in April and May.

Templars Court is a limited collection of eight four-bedroom homes located in Temple Fortune, in North London. You can be forgiven if you’re not familiar with Temple Fortune, as this leafy enclave is somewhat of a well-kept secret and lies between the better known areas of Golders Green and Hampstead Garden Suburb.

There’s positive news for the UK economy and the London housing market. In January, the UK economy defied gloomy predictions and grew at the higher than expected rate of 0.3%.

The Nine Elms area of London is one of the biggest regeneration areas in the UK and it’s no wonder it’s attracting heaps of attention from buyers and investors alike. We take a look at the benefits of living and investing in Nine Elms. Nine Elms is located on the south bank of the River …

Continue reading “Focus on Nine Elms – central London’s largest regeneration area”

In an economic climate where homeowners are thinking of ways to lessen the load of rising costs, renting out a property is now a serious option. This trend has the welcome effect of increasing rental stock and loosening up the market; no one wants a hothouse situation. However, this small stock gain follows a period …

Continue reading “London rental stock levels gradually pick up through February”

Many Outer London areas rely on a single development or feature to put them on the property map, which is fine if the buying demographic is narrow. By doing precisely the opposite, the Colindale rental market has become a leading driver of growth in Northwest London.

Even by its usual frenetic standards, the London rental market started 2023 at a very fast pace and our Japan Desk has been kept extremely busy. The number of transactions is already up 33% on Jan/Feb 2022 levels and we are now seeing signs that the traditional peak period is set to return in March/April, so we are advising our corporate clients to plan ahead.

A steadier economic climate leads us to believe that predictions of a housing crash coupled with double digit-inflation are way off the mark. That being said, the economic laws of supply and demand continue to dictate the direction of the London rentals market.