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London rent affordability improves thanks to strong wage growth

The latest research by London lettings and estate agent, Benham and Reeves, reveals that the average London renter is spending 50% of their income on rent each month. However, the good news is that strong wage growth in the Capital means that this proportion has actually reduced since 2024. Benham and Reeves has analysed average …

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Homes with fewer listing photos priced £80,000 lower on average

The latest research by London lettings and estate agent, Benham and Reeves, has revealed a stark disparity in asking prices depending on how extensively a property is marketed, with homes listed using four photos or fewer priced almost £80,000 lower on average than those benefiting from five or more images. Benham and Reeves analysed current …

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Tower Hamlets sees sharp rise in Chinese homeownership as UK moves to approve China’s ‘mega embassy’

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that the London Borough of Tower Hamlets has seen by far the largest increase in the number of homes owned by Chinese foreign nationals since 2020, as the UK Government prepares to approve plans for China’s controversial new London ‘mega embassy’ …

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January sales bring bargain opportunities for homebuyers, but window is already narrowing as market strengthens

The latest research by Benham and Reeves has shown that 37% of homes currently listed for sale across England have seen an asking price reduction, meaning homebuyers entering the market this January have a strong chance of securing a bargain. However, with market conditions improving since Autumn Budget uncertainty lifted, just 0.8% of price-reduced homes …

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Prime London buyer demand climbs in Q4, despite threat of Mansion Tax

The latest Prime London Demand Index by London lettings and estate agent, Benham and Reeves, reveals that buyer demand across London’s most prestigious neighbourhoods climbed by 1.2% during Q4, driven by sharp increases across Chiswick, Regents Park and Maida Vale. The Prime London Demand Index* by Benham and Reeves monitors demand for London’s most expensive …

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House prices post third consecutive quarter of growth

To view the full Market Index Q3 2025 click here. The latest Property Market Index Review by London lettings and estate agent, Benham and Reeves, has revealed that the property market continued to demonstrate positive momentum during the third quarter of this year, with house prices increasing for a third consecutive time, although the rate …

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More than half of rental homes are available for immediate move-in as tenants race to settle before Christmas

The latest analysis from London lettings and estate agent Benham and Reeves has revealed which regions of the British rental market offer tenants the best chance of securing a home before Christmas, with more than half of all available rentals across Great Britain currently listed as immediately available. Benham and Reeves analysed rental stock levels …

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UK housing affordability set to improve for a fourth consecutive year as income to house price ratio forecast to fall to 8.2

The latest research from London estate agent Benham and Reeves has found that the UK’s house price to income affordability ratio is forecast to fall to 8.2 in 2026, marking the fourth consecutive year of improving affordability for homebuyers, following a peak of 9.5 in 2022, when house price growth significantly outpaced earnings. Benham and …

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Elizabeth line rental growth outpaces the wider London market

The latest research from London lettings and estate agent, Benham and Reeves, has found that since the Elizabeth line fully opened in May 2023, rental growth along the route has outpaced the wider London average by 3.2%, with just two stations on the route having seen rental values fall, whilst some have seen growth as …

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Does the market even need a Budget boost?

The latest market analysis from London lettings and estate agent, Benham and Reeves, has suggests that, despite mounting speculation around what support might come for homebuyers in the forthcoming Autumn Budget, the UK property market is already showing impressive stability and resilience – raising the question of whether it even needs a policy boost at …

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Revealed – Where tenants have been haunted by the biggest Halloween rent hikes

The latest market analysis from London lettings and estate agent, Benham and Reeves, has revealed which areas of the rental market are haunting tenants this Halloween, having seen the largest increase in the average monthly cost of renting since this time last year. Benham and Reeves analysed current monthly market rents across each area of …

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House prices post second consecutive quarter of growth this year

To view the full Market Index Q2 2025 click here. The latest Property Market Index Review by London lettings and estate agent, Benham and Reeves, has revealed that the property market has continued to demonstrate resilience in 2025, with house prices increasing for a second consecutive quarter in Q2, following four consecutive quarterly increases seen …

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