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Weakening pound hands foreign homebuyers £40,000 discount despite an increase in property prices

The latest research by lettings and estate agent, Benham and Reeves, has shown that despite house prices continuing to climb over the last year, foreign buyers currently looking to the UK property market are saving a considerable sum due to the weaker pound, enjoying discounts as high as £40,000. Benham and Reeves analysed current property …

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Most expensive house sales by area revealed

Last week it was reported in The Financial Times that a Regent’s Park mansion is set to be the most expensive house ever sold in London, with offers expected to hit £250m. But until it sells, the latest research by lettings and estate agent, Benham and Reeves, has revealed which property sales ranked top as …

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85% of homeowners would swap their property to return to their childhood home

The latest research by lettings and estate agent, Benham and Reeves, has revealed that while the majority of UK homeowners believe they’ve found their dream home, 85% of them would house swap in a heartbeat if it meant returning to their childhood home. The survey of UK homeowners commissioned by Benham and Reeves found that …

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Love related road names top the house price table this Valentine’s Day – but not all homeowners will be loved up with their property’s performance

The latest research by lettings and estate agent, Benham and Reeves, has revealed that homes on roads with Love in the name remain the most sought after this Valentine’s Day with an average sold price of £372,500, while those with Heart in the name have seen the largest annual increase in sold prices over the …

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UK’s landlord hotspots revealed – City of London home to the highest number per capita

Rental market analysis by London lettings and estate agent, Benham and Reeves, has revealed that with an estimated 23,555 of the local population earning an income through property, the City of London is home to the highest proportion of landlords in the land. Benham and Reeves analysed the latest figures on the estimated number of …

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The last two London boroughs where you can buy a home for the price of an inner London flat

Market analysis by London lettings and estate agent, Benham and Reeves,has revealed that there are now just two London boroughs where you can purchase a house for less than the cost of an inner London flat, down from five boroughs in the space of just two years. Benham and Reeves analysed London market house prices …

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Beat the January blues by buying in the UK’s happiest places with below average property prices

Market analysis by London lettings and estate agent, Benham and Reeves, has revealed which areas of the property market can help homebuyers beat the January blues, based on the mix of an above average ‘happiness’ rating and below average house prices. What is the cost of happiness? For homebuyers, it might be less than you …

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Here’s how a room with a view could stop you from selling

Research by London lettings and estate agent, Benham and Reeves, has highlighted how many sellers may find themselves unable to secure a buyer in 2023, should their home have a balcony that has been constructed with combustible materials such as timber. Following the Grenfell tragedy, any leaseholder looking to buy, sell or remortgage an apartment …

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London’s up and coming neighbourhoods where house prices are up by as much as 65%

Research by London lettings and estate agent, Benham and Reeves, reveals that house price increases of up to 64.5% in London’s most up and coming neighbourhoods are driving a positive momentum shift for the capital’s struggling market. When compared to the rest of the UK, the London housing market has stuttered over the past couple …

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Letting agent supports petition to reverse buy-to-let tax relief changes

London lettings and estate agent, Benham and Reeves, supports a petition calling for the government to reinstate tax relief for landlords, allowing the full amount of mortgage interest to be set against rental income before tax is calculated. Tax credits, which came into force as of April 2020, resulted in landlords no longer being able …

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Prime London property demand falls but appetite for super-prime keeps getting stronger

The latest Prime Central London Buyer Demand Index by London lettings and estate agent, Benham and Reeves, has found that demand is down across the prime London market (£2m-£10m) both on a quarterly and annual basis, but the super-prime threshold of £10m+ has seen an increase in buyer demand in the fourth quarter of 2022. …

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England’s 240,000 empty homes could provide shelter for the homeless this Christmas?

Research by London lettings and estate agent, Benham and Reeves, reveals that there are almost 240,000 vacant homes in England this Christmas which could, if the right authorities would enable it, provide immediate winter shelter for the nation’s homeless community. As Christmas approaches, the majority of people will be looking forward to spending the festive …

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