Nearly 40% of London flats were resold at a loss over 12 months
Repeat-sales data points to mounting pressure in London’s flat market, where leasehold liabilities, building-safety concerns and rising service charges are weighing on resale values.
Topic: #LondonProperty
5 storiesReporting and analysis grouped around #LondonProperty.
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Chestertons, Savills and Views make senior appointments across key divisions
Chestertons, Savills and Macclesfield-based Views have announced senior hires spanning short lets, property management and development as the agencies adjust their operations to market conditions.
A temporary London move becomes a permanent Victorian renovation
Actors Dichen Lachman and Maximilian Osinski made a three-bedroom Victorian house in west London their long-term home, embracing a colorful redesign after an initially temporary relocation.
Rely approves £160,000 London buy-to-let after earlier rejection
Specialist lender Rely has approved a £160,000 buy-to-let mortgage for a first-time landlord buying an £865,000 property near London Bridge, following a rejection by another lender.
London rental demand climbs 7% while national enquiries remain lower
Tenant enquiries in London rose year on year, setting the capital apart from a softer national rental market where demand remains below last year’s level.