Market Report

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

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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