No stopping overseas investment in top-end Central London
Despite concerns about a double-dip recession and nervousness over GDP figures, long-term overseas investors are continuing to seek out prime Central London residential stock, according to Cluttons Residential Investment Monitor Q1 2012.
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Buyer competition in prime Central London fiercer than everSustained domestic and overseas demand for property in prime Central London has caused a further 25% drop in stock levels at the start of this year, reports property consultants Cluttons.
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Buyers anxious to secure properties before bonus money arrives
Homebuyers in Central London are moving quickly to find and secure properties before bonus buyers hit the market and competition for the best quality property heightens, reports property consultants Cluttons.
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Central London house prices fall for the first time in 18 monthsCentral London house prices fall for the first time in 18 months, says Cluttons, while the residential rental market has been buoyant and strong demand has led to rents rising by 4.3% this quarter.
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US bank employees are among the rise in corporate tenants making a timely return to the market, according to property consultant Cluttons, offering a boost to landlords following George Osborne’s emergency Budget.
Parents who swapped the capital for the Home Counties a generation ago in order to raise their children are heading back to Central London, reports property consultants Cluttons.
Large family homes are driving up rents in the capital according to the latest data from property consultants Cluttons.
The current boost in recruitment in the banking sector is pushing up rental demand in and around the City, highlighting the shortage of rental property. However, this will not lead to a steep rise in rents in the capital, according to property consultants Cluttons.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
