Press releases

The latest market insight from London lettings and estate agent, Benham and Reeves, has revealed that the decision not to extend current stamp duty relief thresholds in the recent Autumn Budget hasn’t deterred the vast majority of homebuyers from their plans to purchase, with just 5% stating they would postpone their plans to purchase indefinitely. …

Continue reading “Homebuyers undeterred by lack of SDLT relief extension”

The latest market insight from London lettings and estate agent, Benham and Reeves, has revealed that whilst the threat of a capital gains tax hike was weighing heavy on the minds of the nation’s landlords in the lead up to last week’s Autumn Statement, the increase in stamp duty on second home purchases is far …

Continue reading “Majority of landlords undeterred by Autumn Statement SDLT tax hike”

The latest market insight from London lettings and estate agent, Benham and Reeves, has shown that the number 13 is certainly bad luck for home sellers this Halloween, with the average price paid for a Number 13 home coming in £36,000 below the wider market average. Benham and Reeves analysed price paid data from the …

Continue reading “Number 13 homeowners selling for £36,000 less this Halloween”

The latest market insight from London lettings and estate agent, Benham and Reeves, has found that whilst many buyers have been deterred from purchasing due to higher interest rates, the recent base rate reduction seen in August has brought renewed enthusiasm, with 61% of buyers planning to take the plunge in 2025.

With the ‘guaranteed rent’ or ‘rent to rent’ model becoming an increasingly popular path for private rental investors, the latest analysis by London lettings and estate agent, Benham and Reeves, has revealed that it’s the South East that presents the greatest opportunity for landlords to make the switch. The analysis by Benham and Reeves looked …

Continue reading “Rent-to-rent offering 22%+ returns in multiple regions”

The latest research by London lettings and estate agent, Benham and Reeves, reveals that it is going to take the average landlord more than 26 years to recoup the costs of upgrading a sub-C EPC rated property in line with Government plans to improve rental property energy efficiency. The Labour government has stated its plan …

Continue reading “It could take more than 26 years for landlords to recoup cost of EPC upgrade”

The latest research London lettings and estate agent, Benham and Reeves, has revealed that rumoured changes to capital gains tax in the upcoming Autumn Budget could see the average landlord hit by a £15,000 increase in the capital gains tax owed on the average buy-to-let property. Benham and Reeves analysed the current level of capital …

Continue reading “Landlords could see capital gains tax bill jump by £15k per property under Labour”

The latest Prime London Demand Index by London lettings and estate agent, Benham and Reeves, reveals that demand for prime property in the capital fell by -2.5% in the third quarter of this year, somewhat dampening the good mood brought on by a promising uptick in Q2. But super prime demand has actually seen demand …

Continue reading “Prime London demand falls in Q3 as wealthy buyers await Labour tax plans”

The latest insight from London lettings and estate agent, Benham and Reeves, has revealed that one in five rental properties across Britain command an average rent equal to that of the average monthly income, however, some properties require an entire year’s income, or more, to rent for a single month. Benham and Reeves analysed current …

Continue reading “The prime rental hotspots where a month’s rent costs a year’s salary”

The latest insight from London lettings and estate agent, Benham and Reeves, has revealed the uphill struggle facing many London lettings agents, with the firm encountering forged IDs, digitally altered supporting documents and undeclared CCJs and IVAs on a monthly basis. In London’s fast paced rental market, the speed at which properties are let can …

Continue reading “London letting market rife with fraudulent activity”

The latest research London lettings and estate agent, Benham and Reeves, has revealed that should Labour honour its commitments to deliver 370,000 new homes a year, it would not only boost housing delivery by 22%, but it could bring a £161.6bn boost in value to the housing market across England. Benham and Reeves looked at …

Continue reading “Labour’s ambitious housing targets could boost market value by £161.6bn in five years”

The latest research London lettings and estate agent, Benham and Reeves, has revealed which areas of the prime London market are leading the charge when it comes to the highest rate of annual house price growth, as the average price achieved per square foot remains down -2.7% across the top tier of the capital’s market …

Continue reading “Prime London remains a buyers market with the exception of these areas”