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London homesellers see 6% increase in asking price achieved since start of the year

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed which areas of the London property market are seeing homesellers achieve the highest percentage of asking price, as well as where has seen the biggest increase in asking price achieved.

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Olympic legacy is still benefiting the London property market in these Boroughs

This weekend will see the delayed Tokyo 2020 Olympic Games finally get underway, having been postponed last year due to the COVID-19 outbreak, along with pretty much everything else in life. Much like the recent Euros, it promises to be a unique sporting event with restrictions continuing to prevent a full return to normality. However, …

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The London borough where you could purchase 28 homes with parking ticket revenues

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that Newham is London’s parking ticket property hotspot, with annual revenues through issued parking tickets enough to purchase 28 homes in the borough.

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Homebuyer demand up across prime London market in Q2

The latest Prime London Demand Index by leading lettings and estate agent, Benham and Reeves, has shown that homebuyer interest in London’s £2m+ market climbed 4% during the second quarter of 2021 when compared to the first three months of the year.

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Property transactions tumbled -51% ahead of the original stamp duty deadline

Research by leading estate agent, Benham and Reeves, has revealed that while the anti-work from home movement has been building amongst homebuyers across major cities in England, the original stamp duty holiday deadline saw transactions decline by -51% across England during Q1 of this year. Benham and Reeves analysed residential property transactions across England and …

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Wimbledon property market still grand slam champion despite Covid decline in house prices

Wimbledon is back, albeit in restricted capacity, as Covid continues to hangover the UK like a rain cloud over centre court. Research by leading London estate agent, Benham and Reeves, has revealed that Covid has also taken its toll on tennis grand slam house prices over the last year, although Wimbledon continues to ace the …

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Super prime London transactions hit pandemic high but remain off the pre-pandemic pace

Research by leading London estate agent, Benham and Reeves, has revealed that London’s super-prime property market saw transactions hit a pandemic high in the first quarter of 2021, although the market is yet to return to the levels seen before Covid struck. Benham and Reeves analysed transactions and sold price data across the London market …

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Benham & Reeves Market Index Q1 2021

Home sellers overpriced by 21% in Q1 despite cooling market ahead of the original stamp duty deadline To view the full Market Index Q1 2021 click here. The latest summary of property market health from leading lettings and sales agent, Benham and Reeves, has revealed that house price growth stuttered in the run up to …

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Commuter belt properties back in vogue as return to the workplace builds

Research by London estate agent, Benham and Reeves, has revealed how commuting can cut the cost of homeownership, as a slow but steady return to normality puts the London commuter belt back in vogue with homebuyers. While the pandemic inspired trend of working remotely from bigger homes in the depths of the countryside was nice …

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London landmark property price premiums as high as 524%

Research by London lettings and estate agent, Benham and Reeves, has revealed just how much it costs to purchase a property within reach of the Capital’s most famous landmarks. Benham and Reeves analysed house price data across postcodes home to 15 of London’s best-known locations including the Cutty Sark, Tower Bridge, Trafalgar Square and the …

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Crossrail house price premium climbs to 17% as testing begins along the Elizabeth Line

Despite a four year delay, the latest research by London lettings and estate agent, Benham and Reeves, has found that house prices surrounding Crossrail stations are still largely outperforming the wider areas in which they are located. Last week, a ‘crucial milestone’ was reached as testing began on the long awaited Crossrail route and the …

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Developers could face tax on profits as high as £50m if government succeeds with new cladding tax

The latest research by London lettings and estate agent, Benham and Reeves, has found that the UK’s 10 biggest developers could each face a potential average tax bill of £25 million per year, if the government succeeds in its attempts to introduce a new residential property developer tax. In the wake of the Grenfell Tower …

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