Press releases

The latest research by lettings and estate agent, Benham and Reeves, has revealed that Hong Kong nationals are still the most dominant when it comes to foreign homebuyer activity across the property market in England and Wales, as the number of properties purchased and held by foreign buyers increased by 2.6% last year. Benham and …

Continue reading “Hong Kongers still most dominant foreign nation in the property market”

The latest internal data release from London lettings and estate agent, Benham and Reeves, has revealed which areas of the London property market saw the most consistent rental growth in 2024, with Shoreditch, Canary Wharf and Ealing topping the table. The data from Benham and Reeves looks at the monthly rate of rental price growth …

Continue reading “Shoreditch tops the table as London’s best performing rental market”

The latest Prime London Demand Index by London lettings and estate agent, Benham and Reeves, reveals that buyer demand for prime property across London’s most prestigious neighbourhoods climbed during the final quarter of 2024, up by +2.7%, whilst there was a +1.6% increase across the super prime market. The Prime London Demand Index* by Benham …

Continue reading “Prime London property demand rallied in Q4”

The latest advice from London lettings and estate agent, Benham and Reeves, has highlighted five simple but vital checks all homeowners should make ahead of the Christmas break, to ensure Father Christmas can make his deliveries without disaster striking. Check the roof If you expect Santa and his reindeer to land on your roof this …

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The research by London lettings and estate agent, Benham and Reeves, has shown that whilst 2024 has been a far more positive year for the property market, it’s estimated that some 876 mortgaged homeowners will have their property repossessed during the final three months of this year alone, marking a 47% increase year on year. …

Continue reading “More mortgaged homeowners set to lose their home in the run up to Christmas”

To view the full Market Index Q3 2024 click here. The latest Property Market Index Review by London lettings and estate agent, Benham and Reeves, has revealed that house prices climbed by 0.9% in Q3 of this year, marketing a third consecutive quarter of growth across the UK property market. The Benham and Reeves Property …

Continue reading “House prices climb for the third consecutive quarter in 2024”

The latest research from London lettings and estate agent, Benham and Reeves, has revealed that ahead of this year’s ‘Buy Nothing Day’ on 29th November – when many of us will be making a conscious choice not to make any purchases – an average of 342% more property sales complete are likely to complete versus …

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For Road Safety Week, London lettings and estate agent, Benham and Reeves, has revealed where across the nation we clock up the most miles on our roads each year. Benham and Reeves analysed road usage based on the number of miles travelled by motor vehicles across the roads of each county in Britain on an …

Continue reading “Manchester, West Mids and Yorkshire home to the nation’s busiest roads”

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 …

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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.