Landlords have faced some major issues over the last few years – new lettings regulations and property taxes as well as the impact of Brexit. And 2020 is likely to deliver more challenges, from a proposed increase in Stamp Duty for overseas buyers to changes to Capital Gains Tax. It’s certainly not an easy time …

Continue reading “Top 10 things to watch out for in London property in 2020”

After several years of subdued house price growth, we have at last seen some positive news for the London property market. The recent General Election win by the Conservatives (and so the greater clarity over Brexit) means that we now hope to see a period of increasing political stability and therefore greater confidence amongst property …

Continue reading “The London sales market – January 2020”

With a New Year come new beginnings and for many investors it’s the time to start planning their investment strategy. There’s no denying that it has been a turbulent few years for the London property sector, however the fundamentals continue to remain strong and our outlook continues to be bullish. Despite Brexit, property prices have …

Continue reading “New Year New Build”

Overseas trips to visit our clients are a regular part of the diary for myself and fellow Benham & Reeves directors Anita Mehra and Vidhur Mehra. This autumn has seen a particularly busy schedule, so far involving visits to Mumbai, Bangalore and Nairobi. Anita and I will also be visiting Singapore, Kuala Lumpur and Hong …

Continue reading “Sales success in India”

With the outcome of Brexit still undecided, the London property market remains subdued and is likely to remain so until an agreement is reached. So while we wait a little longer for the result of current negotiations, many buyers continue to sit back to see how the situation plays out. This uncertainty means that many …

Continue reading “The London sales market – November 2019”

Benham & Reeves are now offering purchasers of Barratt London homes, a guaranteed 5% rental yield for 24 months, at some of their latest developments in London.

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.

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.

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.

Well, the votes have been counted and, as predicted, Boris Johnson is the UK’s new Prime Minister. He has already announced a raft of new appointments to the Cabinet as well as plans to recruit 20,000 new police officers across the UK – so he has hit the ground running. But of course, what we …

Continue reading “The London sales market – August 2019”

The Tory leadership contest continues to dominate the UK political landscape and this in turn means that the housing market remains in the doldrums until a leader is chosen and the Brexit plan becomes clearer. The good news though is that demand is picking up and the London sales market is certainly stronger than it …

Continue reading “The London property sales market – July 2019”

The property market in London continues to face its challenges. In particular, the current political situation in the UK, with Brexit and the Conservative leadership contest still unresolved, continues to create uncertainty and property markets do not like uncertainty! This is prompting many buyers – particularly overseas investors – to continue their ‘wait and see’ …

Continue reading “The London property sales market – June 2019”