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Jun 16, 2024 | 
inkl.com | Aneisha Beveridge
PA ArchiveThe average price tag on a home dipped by just £21 in June, following a record high in May, according to a property website. Across Britain, the average price of a home coming fresh on the market in June is £375,110, slightly down compared with May’s record of £375,131, Rightmove said. The number of sales being agreed has remained steady in recent weeks and the volume of buyer inquiries to agents has also been stable, Rightmove’s report said.
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Jun 12, 2024 | 
primeresi.com | Aneisha Beveridge |Priya Rawal |Ollie Marshall
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Jun 10, 2024 | 
primeresi.com | Anna Ward |Priya Rawal |Aneisha Beveridge |Mark Wells
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Jun 10, 2024 | 
primeresi.com | Aneisha Beveridge
This content is available only to PrimeResi Members. If you have a membership login below, otherwise join Prime Resi today for full access to the Journal of Luxury Property. Remember Me
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Jun 7, 2024 | 
primeresi.com | Aneisha Beveridge
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May 9, 2024 | 
hamptons.co.uk | Aneisha Beveridge
Service charges have long been a consideration for flat owners. However, high inflation of goods and services has pushed up service charge costs for leaseholders across England & Wales and brought the topic to the foreground. The latest figures from the Hamptons Annual Service Charge Index show that the average annual service charge for flats in England and Wales has risen by 8.4% between Q1 2023 and Q1 2024, reaching an average of £2,247.
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Sep 10, 2023 | 
inkl.com | Aneisha Beveridge
As mortgage rates gradually fall and households benefit from real income growth, Hamptons said it expects house price falls to come to a halt in 2024, with growth picking up in 2025 – which is thought likely by the property services firm to be the year when a new housing market cycle starts. It expects just under a million house sales to take place across Britain in 2023, which would be down on 1.2 million completions last year.
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Aug 13, 2023 | 
inkl.com | Aneisha Beveridge
This gain has shrunk by around 10% or £10,500 from a record £105,300 achieved last year, and is similar to what landlords selling in 2016 typically achieved. The gains Hamptons has calculated do not include tax and other charges, which would eat into any profits made by landlords from selling up. Hamptons used Land Registry figures to make its calculations.
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Aug 6, 2023 | 
inkl.com | Aneisha Beveridge
However, this figure is slightly below the 7.9% recorded in both 2021 and 2022 – a time when people were adjusting to new lifestyles such as working from home more often. The calculations were based on analysis of data from estate agents network Countrywide, which Hamptons is part of. Affordability pressures have meant that the average “London leaver” spent £429,800 on their new home this year, £63,735 less than those who left the city in 2022.
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Jun 12, 2023 | 
inkl.com | Aneisha Beveridge
Back in 2015, 6.1% of new tenancies were first-time renters, it said. Across Britain, the average monthly rent for a newly let property in May was £1,258 – a figure which is 9.1% higher (or around a £106-per-month increase in cash terms) than a year earlier – Hamptons added. Aneisha Beveridge, head of research at Hamptons, said: “Young adults are staying at home for longer in order to save up, with some skipping the rental market entirely and going on to purchase a home instead.
