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Average buy-to-let serving up net yields of just 3.4%

The latest research from lettings and estate agent, Benham and Reeves, has shown that while net rental yields have increased over the last year, they sit at just 3.4% once the costs of maintaining a buy-to-let property are accounted for. Benham and Reeves analysed the gross rental yield of the average buy-to-let property before comparing …

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Prime London buyer demand down in Q3

The latest Prime London Buyer Demand Index by London lettings and estate agent, Benham and Reeves, shows that overall demand for prime and super prime London property has fallen in the past quarter, but that impressive growth in some areas suggests that the capital’s traditional prime heartlands are coming back into fashion amongst high-end homebuyers. …

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Social housing delivery up across London – These are the best and worst performing councils

The latest research by London lettings and estate agent, Benham and Reeves, has revealed which London councils have put in the best house building performance when it comes to the delivery of local authority funded and housing association homes as a proportion of all homes built. Benham and Reeves analysed dwellings data for both private …

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Right to Buy bags London’s local authorities £3.415bn in the last decade

Research from London lettings and estate agent, Benham and Reeves, has found that over the last decade, over 23,000 homes have been sold under the Right to Buy scheme to council tenants and while this may only equate to 5.6% of total local authority owned dwellings stock, it equates to a total market value of …

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How much does it cost to live near London’s iconic ‘brandmarks’?

Despite garnering a massive amount of buzz on social media, diners have voted Salt Bae’s Westminster restaurant, Nusr-Et Steakhouse, as one of the very worst in London. Research from London lettings and estate agent, Benham and Reeves, can now reveal that to live within arm’s reach of the much-slated establishment, you’re going to have to …

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The Jubilee decorations sure to deter homebuyers – Effigies of the Queen and dogs dressing a no go

London lettings and estate agent, Benham and Reeves, has revealed that UK homebuyers remain undeterred by the Jubilee bank holiday break when it comes to their endeavour to find the perfect home, but they could be put off from your property if you’ve opted for these Jubilee decoration deterrents. The survey of UK homebuyers by …

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Pandemic property price boom means only highest paid professions can afford to buy a home

Research by London lettings and estate agent, Benham and Reeves, has revealed that purchasing a property in the current market is certainly a tale of two halves, as only the best paid professions possess the purchasing power to go it alone based on current mortgage eligibility. Benham and Reeves looked at the average base salary …

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Fixer-uppers cost homebuyers £40,000 more in the long-run

Research by London lettings and estate agent, Benham and Reeves, has revealed that while buying a fixer-upper may be a more cost-effective way of climbing the property ladder, the long term cost of bringing such a property up to standard is likely to see homebuyers pay more in the long run.

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Prime London properties still subject to discounts but the gap is starting to close

Research by London lettings and estate agent, Benham and Reeves, has revealed that while prime central London properties are still being discounted to the tune of £25,000 on average, this discount has started to reduce as demand has returned to the capital’s high-end market. The analysis of prime market data shows that in the current …

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London’s most expensive homes are 30 minutes away from the city centre

Research by London lettings and estate agent, Benham and Reeves, has revealed how commuting times impact house prices, with a 30 minute train journey proving the sweet spot for the highest price paid by homebuyers. Benham and Reeves analysed the property market across three major cities, London, Manchester and Birmingham, looking at the difference in …

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Ding Dong – Nation’s favourite front door colour revealed as 40% admit to judging you for these front door faux pas

Research from lettings and estate agent, Benham and Reeves, has revealed which front door colours the nation find the most appealing when looking to buy a home, as a third of homebuyers admit it can influence their decision to view a property, while more than half will judge you as a person based on your …

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Foreign buyers spend £6bn more across the London market

The latest property market analysis by London lettings and estate agent, Benham and Reeves has revealed where foreign buyer demand and ownership has been keeping the London property market afloat, during an otherwise muted pandemic period when the capital largely trailed the rest of the UK where domestic market activity is concerned. Benham and Reeves …

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