Marc is incredibly knowledgeable and has a unique and interesting insight into the property market. The guys chat about Marc’s exposure as an investor himself, working with investors on a daily basis and being involved in the high-end property market in London.
The latest data from independent London estate agent, Benham and Reeves, takes a look to see if London really is on its knees, or if this has been exaggerated.
The table below shows the five cities where landlords can make their money back fastest, according to Benham and Reeves …
House prices rose by 0.5% this month, according to Halifax figures, while HMRC data shows that home sales remain steady.
Marc von Grundherr of another estate agent, Benham and Reeves, was singing from the same hymn-book as Pendleton. “… we’ve been reminded that Brexit isn’t the be all and end all and this is a mentality that’s been returning to the UK housing market over the last few months”.
Last month average house prices rose 0.5%, so set a new record high of £237,837, Halifax has reported. That puts them 5.2% higher than last year as prices shrug off recent dips and go back to a steady, above inflation, rise.
THE latest research by independent London estate agent, Benham and Reeves, has looked at how the price of London property differs on each bank of the Thames and highlighted 16 river hops with easily accessible river crossings that can save homeowners when looking to buy.
As any London house hunter knows, if you want to live close to the river, you will have to pay a premium. Studies show that a view of the Thames is a London property’s most expensive asset, commanding price premiums of up to 93 per cent.
Marc von Grundherr, Director of Benham and Reeves said, “Positive signs once again and the latest of a number of industry indicators that suggest the market is returning to good health.
While London continues to struggle a reduction in price growth decline is certainly a step in the right direction and the capital remains the most prestigious region of the UK where house price growth is concerned
Marc von Grundherr, director of Benham and Reeves, said the London property market is a ‘three-speed’ dynamic with outer, more affordable areas doing one thing, the prime market another and the ‘regular’ market doing something different again.