Press & media coverage

'The North’s house price dominance over the South might not last forever,' says Benham and Reeves, as London's southern boroughs see more residential property transactions and higher rates of price growth than their northern counterparts.

Far from simply being a national phenomenon, the great North vs South property divide can be found on a city level, with new market analysis from Benham and Reeves revealing how properties south of the river are outperforming the North on house price growth and sales volume.

For Hongkongers, with the Hong Kong dollar pegged to the US dollar, a weakened pound could mean a price discount of as much as 3.3 per cent or nearly HK$100,000 (US$12,800) in the current market, said Marc von Grundherr, a director at London-based property agency Benham and Reeves.

From luxury hotels to high-end designer shops, London has more than its fair share of 'brandmarks'. The latest research from Benham and Reeves looks at how this next level of the Waitrose effect is impacting local house prices.

Buyers from Hong Kong own more properties in England and Wales than any other foreign place, new data reveals. Research by London lettings and estate agent, Benham and Reeves, shows that residents from the 50 most represented foreign locations combine to own 187,275 properties.

London lettings and estate agent, Benham and Reeves, submitted a Freedom of Information request to the Land Registry to ascertain the 50 most prominent foreign nations represented among individual residential property owners in England & Wales, and how many properties they own.

Director of London estate agency Benham and Reeves, Marc von Grundherr, said: 'In the current climate, it simply isn’t worth the risk and you’re far better off waiting and accumulating a more stable nest egg with which to place a mortgage deposit.'

Marc von Grundherr, director of London estate agent Benham and Reeves, said: “A further hike to the cost of borrowing will do little to enthuse ...

Marc von Grundherr, director of Benham and Reeves, suggested the hike shows the importance of buyers borrowing within their means. He said: “A further hike to the cost of borrowing will do little to enthuse the nation’s aspirational homeowners, who are currently battling with an astronomical cost of living while attempting to save enough to climb the ladder.

“There’s no doubt that the recent and historic weakening of the pound has been a driving factor behind an uptick in overseas property investment within the UK, with many overseas buyers now benefiting from fluctuating exchange rates,” said Marc von Grundherr, director at Benhams.