London Real Estate News
London
Global Residential Rents Continue to Climb Despite Worldwide Economic Uncertainties
According to international property consultant Knight Frank, prime residential rents continue to rise but the rate of growth is slowing. Across ten global cities luxury rents increased 10.2% on average in the 12 months to Q3 2022, down from a high of 11.9% in Q1 2022.
London Hotels Set to Weather High Inflation in 2022
According to new data from global hotel consultancy HVS reveals that historically growth in hotel ADRs (average daily rates) tends to outpace inflationary growth, even in times of high inflation.
UK Mortgage Rates Dip in Late November
According to international property consultant Knight Frank, the average UK five-year fixed mortgage rate is now below 6% for the first time since the days after the mini-budget.
Luxury Residential Rental Rates Have Peaked, Worldwide
According to international property broker Knight Frank, growth in prime global rental markets appears to have peaked following months of rapid gains fueled by a substantial imbalance of supply relative to demand.
