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Flat London market sees apartments account for 49% of all sales

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that Wandsworth was London’s busiest borough for home sales over the last year, accounting for 6% of the 48,278 homes sold across the capital, while flats were the most popular property type accounting for half of all sales. Benham and Reeves …

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Lacklustre Budget is mixed bag for Property Investors

The UK government Budget delivered a mixed bag for landlords, property investors and others wanting a sustained recovery in the British economy. The good news for the property sector revolves around a cut in Capital Gains Tax on property from 28 per cent to 24 per cent – although ironically this will give most benefit …

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Inadequate housing supply has led to the rise of the homeowner housebuilders

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that there has been an increase in the level of homeowner housebuilders taking it upon themselves to improve their properties, as a below par level of housing delivery has left them no choice, having failed to return to pre-pandemic levels. Benham …

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Freehold house price premiums climb by 6.5% year on year, now commanding 42% more than leasehold homes

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that the house price premiums commanded by freehold properties has climbed by an average of 6.5% across England and Wales, making them 42% more valuable than a leasehold home. However, leasehold homes have better weathered a cooling housing market having seen …

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Coupling up makes 79% of property market affordable versus just 9% for single homebuyers

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that by coupling up, homebuyers can increase their property purchasing potential with 79% of local authorities in Britain becoming affordable based on the mortgage loan secured at 4.5 times their joint earnings, versus just 9% when going it alone. Benham and …

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Super wealthy homebuyers are returning to London’s super prime market

The latest research by London lettings and estate agent, Benham and Reeves, reveals that super prime sellers are returning to London’s housing market as listings of homes valued at ÂŁ10m+ increase by 5.1% on the year. Benham and Reeves has analysed current residential listings of prime (ÂŁ2m-10m) and super prime (ÂŁ10m+) homes in London and …

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Wrapped up with Winter Warmth

During the cold and wet winter months the need for warm clothing increases sharply, we can only imagine how difficult life must be for those forced into sleeping rough.

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More buyers taking the plunge as property market continues to stabilise

The latest research by London lettings and estate agent, Benham and Reeves, has shown that the number of homebuyers taking the plunge on their chosen property has increased, as a hold on interest rates has helped bring confidence to the property market. Benham and Reeves analysed the number of homes listed across the market and …

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House prices rebound, but the gap between buyer and seller expectations keeps getting wider

To view the full Market Index Q3 2023 click here. Patient sellers rewarded as gap between asking and sold prices narrows The latest Property Market Index Review by London lettings and estate agent, Benham and Reeves, has revealed that house prices crept up in Q3 of last year, marking a second consecutive quarter of positive …

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Buyers face hefty premium for a home gym

The latest research by London lettings and estate agent, Benham and Reeves, reveals that nearly a quarter of homes with gyms currently listed on the market have already been snapped up by health-conscious homebuyers, but they’re having to pay a hefty premium for the privilege. January is often the busiest month of the year when …

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Prime London buyer demand up in Q4, but super prime market continues to decline

The latest Prime London Buyer Demand Index by London lettings and estate agent, Benham and Reeves, shows that buyer demand for prime London homes (ÂŁ2m+) climbed during the final quarter of 2023, however, the super prime market (ÂŁ10m+) continues to struggle. The Prime London Demand Index by Benham and Reeves monitors demand for London’s most …

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Scotland and Northern Ireland leading UK house price growth

Scotland and Northern Ireland are outshining England and Wales in terms of house price inflation, with both regions experiencing strong gains in 2023 despite the troubled economic climate. The analysis comes from London lettings and estate agent, Benham and Reeves, which looked at house price growth on both a regional and local authority level to …

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