Market Report

Golden Venn's quarterly newsletter provides an update on the London property market and insights on selected global destinations.

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Winter 2019 Quarterly Market Report

Key Points

8% rise in number of new prospective buyers
Average PCL rental yields reach 3.35% in December, highest since April 2012
UK tops Forbes ‘Best Countries for Business’ ranking for second year running
Tenant Fees bill set to become law in England on 1st June
UK employment at a record high and wage growth outpaces inflation

Sales Market

While annual price growth across the UK remains positive, 2.8% in the year to November, prices across the capital fell by 0.7% over the same period (UKHPI). Across prime central London Knight Frank report that the annual price change in the year to December was -4.4%...

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Rental Market

Growth in rental values across the UK has remained stable throughout 2018, with annual changes consistently between 0.9% and 1.1% according to the IPHRP produced by the Office for National Statistics. In contrast the London market has proved…

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Fiscal Policy & Economic Backdrop

The Tenant Fees bill is set to become law in England on 1st June. It will become a civil offence for agents to charge fees to tenants in the private rented sector, with punishment of £5,000 up to £30,000 for those found flouting the law…

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The Golden Venn Perspective

Resilience is the enduring feature of the UK economy. Strong economic headlines relating to record London employment figures and wage growth and a three-year high in the take-up of central London office space prove that the political uncertainty over Brexit has not affected the employment market…

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Quarterly Tip

“You miss 100% of the shots you don't take” Michael Jordan

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