Press & media coverage

The UK property market is already showing impressive stability and resilience – raising the question as to whether it needs a policy boost that many are calling for, argues Marc von Grundherr (pictured), Director of London estate agency Benham and Reeves.

London lettings and estate agent Benham and Reeves analysed recent data on mortgage approvals, property transactions, house prices, and second home activity to assess the market’s performance ahead of the Budget.

No, compliance and professionalism are not penalties, but hallmarks of a mature market The Renters’ Rights Act 2025 does not punish landlords; it helps to modernise, stabilise and professionalise a sector that has long needed reform.

Director Marc von Grundherr said: ‘The 2007 sale of Sunninghill Park was unusual at the time, fetching around £15 million after several years on the market and achieving a premium above the asking price despite the property requiring extensive renovation. Given the scale of redevelopment since then, including reports of a full rebuild, the estate’s value today would likely sit comfortably north of £30 million, although much depends on the precise acreage retained and the finish of the main residence.’

Marc von Grundherr, director of Benham and Reeves: “The Renters’ Rights Act brings to an end years of uncertainty, but in doing so it opens a new chapter of compliance and complexity for landlords. While it’s positive that we now have clarity, the path to full implementation will not be a straightforward one. "Many landlords will be wary of further administrative burden and reduced flexibility, but at least they now know where they stand and can begin to plan accordingly. Once the dust settles and the finer details are clear, we expect the sector to stabilise and confidence to return.”

And Marc von Grundherr, director of Benham and Reeves, comments: “This brings to an end years of uncertainty, but in doing so it opens a new chapter of compliance and complexity for landlords. While it’s positive that we now have clarity, the path to full implementation will not be a straightforward one.

Research from Benham and Reeves, one of London’s oldest, independently owned property agents, reveals the top ten of the royal's most famous residences have a combined value of a staggering £6.3 billion ($8.1bn).

Marc von Grundherr, Director of Benham and Reeves: “The Renters’ Rights Bill has been a painfully protracted process for everyone involved and, during this time, the nation’s landlords have been left wondering where they stand and what the future might hold for their investments. “At least we now seem to be heading towards some greater certainty, with MPs having voted the bill through parliament and it now heading for Royal Assent. “However, it’s likely to be many months still until the turbulence of this transition period subsides and the lettings sector can move forward with confidence.”

Benham and Reeves director, Marc von Grundherr, said during the course of the legislative process, the nation’s landlords have been left wondering where they stand and what the future might hold for their investments.

Director of Benham and Reeves, Marc von Grundherr, commented, “The latest house price figures show that the market has continued to move forward on both a monthly and annual basis, even with the looming uncertainty of the Autumn Budget causing many buyers to remain sat on the fence.