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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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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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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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Pandemic Rent Squeeze – London Tenants See Better Value During Covid

Research by London lettings and estate agent, Benham and Reeves, has found that rental affordability across London has actually improved during the pandemic where the percentage of income required to cover rental outgoings is concerned. Benham and Reeves analysed the rent to income ratio prior to the pandemic and found that across London, 64.4% of …

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How does the staggered stamp duty extension impact London’s domestic and foreign buyers?

Research by lettings and estate agent, Benham and Reeves, has highlighted the varied levels of stamp duty payable by both domestic and foreign buyers across the capital. With the stamp duty holiday still in full swing, those completing on a transaction within the capital are still due to save a considerable sum, regardless of whether …

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Prime London buyer demand creeps up in Q1

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 …

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The central London postcodes that are still in favour with homebuyers

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 …

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