Press & media coverage

Lettings and estate agent Benham and Reeves found that rents along the London-based stations of the Elizabeth line have increased by 12.9 per cent since the service began, outstripping the wider London average of 10.1 per cent during the same period.

Rental prices around the Elizabeth line have risen faster than the wider London market since the route fully opened in May 2023, according to new research from London lettings and estate agent Benham and Reeves.

According to a survey by estate agents Benham & Reeves, 87% of homebuyers prefer to avoid moving during the Christmas period due to the additional stress and logistical challenges.

Why are flats built for sale being rented out? Marc Von Grundherr, director of estate agents Benham and Reeves, said many developments are originally ...

Marc von Grundherr, director of Benham and Reeves: “The property market continues to display remarkable consistency given the wider economic backdrop, with the latest Halifax figures showing that the monthly rate of growth has bounced back following a marginal decline in September. Buyers remain active, mortgage approvals are robust and, even with the Autumn Budget looming, many are pressing ahead to complete before Christmas. The underlying message is one of steady resilience rather than dramatic recovery, and that’s no bad thing.”

Marc von Grundherr, director at Benham and Reeves, speculates that controls might be enforced using rent tribunals overseen by local authorities. He notes that although this policy would inevitably ‘help tenants’ – 62% of whom have experienced rent increases of more than 20% in the last year, far higher than the 4.1% inflation figure – it would likely come at a cost to landlords.

The UK property market is already showing impressive stability and resilience – raising the question as to whether it needs a policy boost that many are calling for, argues Marc von Grundherr (pictured), Director of London estate agency Benham and Reeves.

London lettings and estate agent Benham and Reeves analysed recent data on mortgage approvals, property transactions, house prices, and second home activity to assess the market’s performance ahead of the Budget.

No, compliance and professionalism are not penalties, but hallmarks of a mature market The Renters’ Rights Act 2025 does not punish landlords; it helps to modernise, stabilise and professionalise a sector that has long needed reform.

Director Marc von Grundherr said: ‘The 2007 sale of Sunninghill Park was unusual at the time, fetching around £15 million after several years on the market and achieving a premium above the asking price despite the property requiring extensive renovation. Given the scale of redevelopment since then, including reports of a full rebuild, the estate’s value today would likely sit comfortably north of £30 million, although much depends on the precise acreage retained and the finish of the main residence.’