A lack of new stock has led to record asking rents in all areas across Great Britain except Scotland and the North East, new House Price Index data has revealed.
The Government confirmed this afternoon that the Tenant Fees Bill will come into force on June 1 this year. Although tenants may be rejoicing at this stage, it’s no matter to celebrate.
This month’s 2.3% (-£7,218) fall in new seller asking prices maintains the historical trend of sellers coming to market in the peak summer holiday month pricing aggressively to try and secure quicker sales.
It’s still a buyer’s market for luxury London property, says Coutts Bank, but the market has ‘stabilised significantly’ & ‘could be levelling out’. Research out from Coutts Bank using Lonres data suggest that property prices in prime London continued to fall in the last few months – but that the rate of decline seems to slowing. “Current conditions [in the prime London property market] may be beneficial for […]
Award-winning singer Adele’s former ten bedroom mansion in West Sussex is on the market for £7.25million.
