Press Releases

The latest Prime London Property Demand Index by London lettings and estate agent, Benham and Reeves, has found that demand for high-end homes at £2m and above has crept up by +1% during the first quarter of the year, while there has been a +2% increase at the £10m+ price point. The index by Benham …

Continue reading “Prime London buyer demand creeps up in Q1”

The latest research from London lettings and estate agent, Benham and Reeves,has revealed the London postcodes within or close to prime neighbourhoods where homebuyers have been snapping up a bricks and mortar bargain over the last year. Benham and Reeves analysed sold price records over the last year at postcode level across prime London areas …

Continue reading “The prime(ish) London postcodes with far from prime property prices”

The inner London property market is down, but certainly not out, according to the latest research from London lettings and estate agent, Benham and Reeves. Benham and Reeves analysed all residential property transactions to have taken place since we entered the first lockdown (23 March 2020) and how the Capital is performing when split between …

Continue reading “The central London postcodes that are still in favour with homebuyers”

Research by lettings and estate agent, Benham and Reeves, has estimated that buy-to-let landlords and second homeowners could see the capital gains tax (CGT) owed if they choose to sell increase by as much as £24,000. That’s if recommendations by the Office of Tax Simplification to change the tax threshold are introduced. CGT is tax …

Continue reading “What would a CGT tax hike mean for B2L landlords and second homebuyers?”

The latest research by lettings and estate agent, Benham and Reeves, has revealed just how much of the property market is due to remain stamp duty free as a result of the soft landing implemented in the form of a double extension to the holiday for homes sold up to £250,000. Currently, 93% of local …

Continue reading “The stamp duty free hotspots offering the biggest savings until September”

Since the Grenfell disaster in June 2017 and the ongoing scandal around unsafe cladding that has followed, it’s perhaps understandable that many buyers within the market have remained cautious about living in flats. The latest research by London lettings and estate agent, Benham and Reeves, has found that this caution has caused both price growth …

Continue reading “Have we fallen out of love with flats since Grenfell?”

The latest research by lettings and estate agent, Benham and Reeves, has highlighted how many homebuyers could benefit each year if the government were to permanently increase stamp duty tax thresholds and remove this financial obstacle completely. There’s no denying that the current stamp duty holiday has helped rejuvenate homebuyer demand, with 85% of buyers …

Continue reading “Keeping Stamp Duty rates would benefit 86% of homebuyers, saving £2.4bn a year”

The latest research by lettings and estate agent, Benham and Reeves, has revealed that current affordability across the UK property market is at its worst in 10 years, with the average house price to income ratio at its highest levels since 2011. Current House Price to Income Ratio Benham and Reeves analysed the average house …

Continue reading “House price affordability at its worst in a decade as property prices hit 10 times the average salary”

The latest research by lettings and estate agent, Benham and Reeves, has revealed that house prices surrounding London’s tube stations have fallen by an average of -2% since the start of the pandemic, as the work from home trend causes them to lose importance with London homebuyers. Benham and Reeves analysed house price data across …

Continue reading “Tube house prices fall by minus 11% as London homebuyers no longer find them important”

The latest research by lettings and estate agent, Benham and Reeves, has revealed which London boroughs are currently ranking as the home selling hotspots of the capital, based on the number of homes listed for sale per square kilometre. Gov data estimates there are 3,592,322 dwellings across London’s 1,595 km2, meaning there are 2,253 homes …

Continue reading “London’s current home selling hotspots – Covid continues to cause central London exodus”

The latest research by lettings and estate agent, Benham and Reeves, has revealed that 81% of homebuyers and sellers are undeterred by lockdown number three. Benham and Reeves surveyed over 10,000 homebuyers and sellers about their feelings towards yet another lockdown, its impact on their decision to buy or sell and how they felt about the viewing…

The latest research by lettings and estate agent, Benham and Reeves, has revealed which tiers of the high-end London property market are most in demand amongst high-end homebuyers and where they’re looking to buy across the capital. Benham and Reeves analysed market demand based on the number of homes sold as a percentage of all …

Continue reading “Prime London market sees demand climb during Q4 as Covid continues to influence buyer location”