Press Release

To view the full Market Index Q3 2023 click here. Patient sellers rewarded as gap between asking and sold prices narrows The latest Property Market Index Review by London lettings and estate agent, Benham and Reeves, has revealed that house prices crept up in Q3 of last year, marking a second consecutive quarter of positive …

Continue reading “House prices rebound, but the gap between buyer and seller expectations keeps getting wider”

Landlords in England & Wales have seen their rental portfolio income increase by 8.7% in the past year. That’s according to new research from London lettings and estate agent, Benham and Reeves, who compared the average rental portfolio income, based on portfolio size and rent values, in Q1 2022 with that in Q1 2023. Previous …

Continue reading “Buy-to-let rental incomes increase by 8.7% despite rising costs and government pressure”

Landlords are reducing their stock in response to the hostile policies enacted by the past few Conservative governments. This is according to the latest research by London lettings and estate agent, Benham and Reeves, which compared the size of investors’ portfolios between the first quarter of 2022 and the same quarter this year. Throughout England …

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To view the full Market Index Q2 2023 click here. London lettings and estate agent, Benham and Reeves, has released its latest Property Market Index Review providing the most comprehensive view of UK and London house price performance. The Benham and Reeves Property Market Index Review is based on data from the top four existing …

Continue reading “House prices rebound, but the gap between buyer and seller expectations keeps getting wider”

Research from London lettings and estate agent, Benham and Reeves, has revealed which areas of the property market are home to the highest value of homes owned by overseas homeowners, with the total market value of foreign owned homes currently standing at £90.7bn across England and Wales. Benham and Reeves analysed the latest available data …

Continue reading “Foreign homeowners sitting on £90.7bn worth of property in England and Wales”

To view the full Market Index Q1 2022 click here. London lettings and estate agent, Benham and Reeves, has released its latest Market Index Review providing the most comprehensive view of UK and London house price performance. The Benham and Reeves Market Index Review is based on data from the top four existing indices. It …

Continue reading “Stock shortage sees asking to sold price gap close to record low”

As one of London’s largest independent letting and sales agents, we’re used to setting a high standard when it comes to the Capital’s rental and sales markets and our family-run business has been upholding these standards for well over 60 years.

Research by London lettings and estate agent, Benham and Reeves, has revealed that while prime central London properties are still being discounted to the tune of £25,000 on average, this discount has started to reduce as demand has returned to the capital’s high-end market. The analysis of prime market data shows that in the current …

Continue reading “Prime London properties still subject to discounts but the gap is starting to close”

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed which segment of the international market is more prevalent in each London borough, as well as a number of major cities outside of London. The research looked at the total number of residential property titles registered to overseas individuals …

Continue reading “Hong Kong homeowners most prevalent nation in 17 London boroughs”

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that Russian residential property purchases contributed an estimated £190m in market value and £13.2m in stamp duty tax in 2021, a contribution that could now evaporate as Russian buyers are hit with frozen assets preventing them from purchasing. Some …

Continue reading “Russian homebuyers spent £190m on London property last year”

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed which London boroughs have already started to see a return in homebuyer demand, with transactions up by as much as 17% when compared to 2020. Benham and Reeves analysed residential transaction data from the Land Registry to highlight where …

Continue reading “The London boroughs tempting homebuyers back to the capital”

In recent days we have heard Michael Gove trumpet his plans to ‘level up’ the UK. We knew that he would be serious about this new hobby-horse when he changed the label of his new office from the Ministry of Housing Communities and Local Government to the Department for Leveling Up, Housing and Communities. I …

Continue reading “Leveling Up Is A Fantasy”