How far do London leavers go?

As London’s prime areas have spread, so London residents have moved further to find their next home. Back in 2010, 52% of Londoners stayed within a five-mile radius of their old home. This year, that proportion fell to 39%. And, over the same period, more Londoners made a longer distance move.   The proportion of … Read more

International Buyers returning to Prime Central London

The proportion of prime central London property bought by international buyers increased to its highest level since the EU referendum in Q3 2017. International buyers accounted for 51% purchases in prime central London, up from 44% in Q2 2017. This is the highest proportion since Q3 2016 when 60% of prime central London property was … Read more

Yield achieved by the top 10% of landlords

As house prices have risen faster than rents over the last three years, most landlords have seen their returns squeezed, but many have benefited from capital appreciation. Over the last five years the average landlord saw their yield fall by 0.8% to 5.3%. But landlords haven’t been equally squeezed.  The top 10% of landlords who … Read more

A brief guide to the budget

Overall the Budget was helpful for the housing market, although we could always ask for more. The change in stamp duty lifts the vast majority of first time buyers out of the tax and that will help to encourage more activity in the market. But movers also suffer from the tax and it would have … Read more

International Buyers

International buyers have traditionally seen the UK as a safe haven to invest in property.  They’ve seen prime UK property perform better than many other assets and also property in other major cities across the globe.   International buyers have historically bought in prime central London, but today they’re increasingly looking beyond the most expensive … Read more

Bigger Landlords

Landlords expanding their portfolios, and buying more homes is increasing the size of the rental market. Recent regulatory and tax changes have made it more complicated and more expensive for amateur landlords to enter the sector.  There are 171,000 more homes to rent since 2015, but the number of landlords has fallen by 154,000 in … Read more