Press Releases

Research by London lettings and estate agent, Benham and Reeves, has revealed how homeowners surrounding one of the capital’s forgotten tube stations could benefit by as much as £50,000 if plans to connect their area to the world’s most famous underground rail network were resurrected. Benham and Reeves analysed current market values in 30 postcodes …

Continue reading “London’s forgotten Tube stations where homeowners could be £20k better off”

London lettings and estate agent, Benham and Reeves, has called for EWS1 forms, which concern the fire safety of external wall cladding used on high rise buildings across the nation, to be incorporated into the standard Fire Risk Assessment process, rather than remain a standalone examination. In doing so, they believe it could help ease …

Continue reading “Calls for EWS1 forms to be included within standard Fire Risk Assessment to reduce market backlog”

Research by London lettings and estate agent, Benham and Reeves, has found that property values surrounding the nation’s biggest military barracks carry an average house price premium of 9.1% across the UK, with this premium increasing to 46.3% within the capital. However, it’s homes close to sites of historical military significance that command the highest …

Continue reading “Westminster and Cornwall driving military house price premiums of up to 124%”

Research by London lettings and estate agent, Benham and Reeves, has revealed that while the bonus of the BNO visa scheme has resulted in a high level of Hong Kong homebuyers making their way to the UK, it’s a supporting cast from Singapore that is also helping to drive market activity within the UK, with …

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The latest research by London lettings and estate agent, Benham and Reeves, has revealed just how much it costs to rent in the most prestigious postcode in UK politics, Westminster’s SW1A postcode – home to No.10 Downing Street, with even Liz Truss saving almost £7,000 in rent during her stint as PM, despite it lasting …

Continue reading “The cost of renting in London’s most prestigious political postcode – Even Liz Truss saved £7,000 during her time as PM”

Research by London lettings and estate agent, Benham and Reeves, has revealed that while the prime market is still struggling when it comes to house price growth, a return to normality has helped rejuvenate the price being paid for flats, with the average price for a flat across the prime market climbing by 11.8% annually. …

Continue reading “Prime London flat prices up 11.8% as professional and foreign buyers drive market revival”

The latest gauge of property market sentiment by London lettings and estate agent, Benham and Reeves, has found that despite the turbulence of the last few weeks, the majority of homebuyers and sellers remain undeterred from their endeavours to tackle the housing market, with many feeling that it has been greatly exaggerated. The survey targeted …

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

Continue reading “Property market crash could take almost seven years to reverse”

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that the stamp duty cut announced by the government in last week’s mini budget could save homebuyers across England over £1bn per year. Last week, the government announced the biggest tax cuts seen in 50 years, with changes to stamp duty …

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The latest research by London lettings and estate agent, Benham and Reeves, has revealed which London councils have put in the best house building performance when it comes to the delivery of local authority funded and housing association homes as a proportion of all homes built. Benham and Reeves analysed dwellings data for both private …

Continue reading “Social housing delivery up across London – These are the best and worst performing councils”

Market analysis from London lettings and estate agent, Benham and Reeves, shows that – despite the wider economic backdrop – house prices could increase by a further 5% before the end of 2022. The current period of economic difficulty looks set to remain for the duration of 2022 and into 2023. The current cost of …

Continue reading “House prices set to rise by another £14,000 before the end of the year”

Research from London lettings and estate agent, Benham and Reeves, has found that over the last decade, over 23,000 homes have been sold under the Right to Buy scheme to council tenants and while this may only equate to 5.6% of total local authority owned dwellings stock, it equates to a total market value of …

Continue reading “Right to Buy bags London’s local authorities £3.415bn in the last decade”