Join us for FREE and access exclusive investments and property investment resources
Join IPIN here
Access exclusive opportunities that are only available to IPIN Members
Find out more
We never share your data with any third parties.
*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.
residential real estate
London Residential Property Investments
Rents and house prices in London grew in the third quarter of this year, according to the latest data from Savills. However, the firm noted that capital values jumped more than rents, rising by 1.1 per cent in the three months to September, while monthly charges only increased by 0.4 per cent in the same period. Both figures represent a slowdown in the market though, with neither matching the growth experienced in the second quarter of the year.Yolande Barnes, director of Savills residential research, explained that the rental market in the city is "still favouring landlords". She added: "But the fact that house prices have outpaced rental growth means yields remain suppressed, so the advantage is good occupancy levels rather than income growth." Meanwhile, head of lettings at the firm Jane Ingram noted that the influx of international students at the start of the new academic year has boosted the market for flats, while the family home sector has contracted, with an increasing number of people opting to downsize from four-bed to three-bed properties.The performance of residential real estate in London is in contrast with the rest of the country, with the most recent HomeLet survey revealing that, as a whole, average rents dropped in September compared to August. The only regions - apart from the capital - where growth was recorded on a monthly basis were Scotland, Northern Ireland and the south-west of England.
Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here
*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.