Press Releases

London lettings and estate agent, Benham and Reeves, has highlighted how the nation’s renters could find themselves paying significant penalties due to a little-known law that may require them to pay Stamp Duty Land Tax (SDLT) despite not actually owning their rental property. SDLT has been a focus of the mainstream media ever since the …

Continue reading “The TENANT Stamp Duty Charge that could significantly cost renters if ignored”

The latest property market analysis by London lettings and estate agent, Benham and Reeves, reveals which Prime London markets have experienced the strongest growth in demand during Q4 2021.

The latest property market analysis by London lettings and estate agent Benham and Reeves, has revealed how the cost of maintaining our homes this winter is as much as 17% higher than it was this time last year. Benham and Reeves analysed the average cost of maintaining a property which can include everything from cleaning …

Continue reading “Home maintenance costs increase by as much as 17% across the UK”

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that London homes that are built on a corner plot command an asking price up to 44% higher than other homes in the area. Because homes that are built on corner plots are not surrounded on all sides by …

Continue reading “London homesellers enjoy corner plot house price premium of up to 44%”

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed the full extent of how the stamp duty holiday impacted the capital’s property market, saving London homebuyers over £1bn since it first launched at the start of July last year. Last week, the government released its latest house price …

Continue reading “London homebuyers saved £1.019bn during the stamp duty holiday”

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that staging your home during the selling process could boost your sale price by as much as £47,000. Staging is generally considered to be an American property market import, but it really just requires a few finishing touches in …

Continue reading “Staging your home could add £47,000 when selling”

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed how short-term lets can boost rental incomes for landlords by as much as 78% across the nation’s major cities. Benham and Reeves analysed the current average asking rents for both short and long term lets across eight major cities. …

Continue reading “Short-term lets can boost rental incomes by as much as 78% per month”

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that rental values across the capital have not only bounced back versus the pandemic dip experienced in 2020, but have also breached pre-pandemic levels in all but three areas. The research shows that between 2019 and the initial pandemic …

Continue reading “London rents forecast to increase 5.5% in 2022 as current market values breach pre-pandemic levels”

The latest property market analysis by London lettings and estate agent, Benham and Reeves, reveals which parts of the UK have experienced the scariest house price drops since last Halloween. Since the start of the pandemic, or at least since the government’s introduction of the SDLT holiday in reaction to the pandemic, the UK housing …

Continue reading “The UK’s scariest house price drops since last Halloween”

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed how the cost of renting in London has climbed by hundreds of pounds a month due to dwindling rental stock levels and could continue to do so if the issue is not resolved. Benham and Reeves analysed both the …

Continue reading “Decline in London rental stock pushes rents up by hundreds a month”

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that in the last 25 years, the cost of stamp duty has increased by 490% for the average homebuyer. Now that the stamp duty holiday is done and dusted, the average homebuyer in England will once again pay the …

Continue reading “25 years of stamp duty – homebuyers see 490% tax cost increase”

The latest Prime London Demand Index by long-standing lettings and estate agent, Benham and Reeves, has shown that homebuyer interest in London’s high-end market has increased 5.8% annually for homes listed at £2m and above and 1.8% across the £10m+ market.