The latest research by lettings and sales agent, Benham and Reeves, has revealed the amount of net income required to cover the cost of renting has increased +16.8% in the last two decades to 45.5% nationally, now accounting for 74.8% of the average salary in London having jumped +33.7% since the turn of the millennium.
Leading lettings and sales agent, Benham and Reeves, has released the latest of its very own quarterly house price index based on data from the top four existing indices, looking at where the average house price sits and how the gap between buyer and seller expectation and actual sales has changed.
Research by letting and estate agent, Benham and Reeves, has found that the price premium being paid for a freehold property by homebuyers in England and Wales is at it’s highest since 2011.
Leading London lettings and estate agent, Benham and Reeves, has revealed the capital’s prime and super prime streets where buyer activity remains robust despite a wider market freeze due to an uncertain political landscape.
With Londoners facing yet further delays where Crossrail is concerned, leading London letting and sales agent, Benham and Reeves, has looked at what impact the development has had on house prices along the route, and how this growth has been impacted by its failure to be delivered on time.
Leading London lettings and estate agent, Benham and Reeves, has found that demand for rental properties in their Nine Elms Point development is pushing rents to above-average levels as homebuyers scramble to secure a home in the second phase of sales.
The latest research by London lettings and sales agent, Benham and Reeves, has looked at the increasing cost of securing a parking space purchase in the capital, despite the Government war on emissions and the introduction of the Ultra-Low Emissions Zone in April of this year.
Research by independent letting and sales agent Benham and Reeves has looked at the unfortunate cost of landing a bad tenant and how much this can reach during the grueling process of having them evicted from the property.
First and second quarter figures for Stamp Duty Land Tax (SDLT) receipts were released last week, showing that – overall – transactions that triggered SDLT on residential properties increased from Q1 to Q2 this year, having picked up in every category with the exception of transactions of £2 million and over.