Foxtons news

Selling

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properties-near-london-parks

<h2 class='intro_basic'>On this gorgeous first day of spring, as Londoners flock to parks across the city, we're looking at what park-side living means for property buyers and sellers.</h2>

<p>The sunshine has transformed London today. Whether you're enjoying lunch on a local Common or drinks at a riverside pub, days like this showcase why homes near parks command such premium prices. 

<p>Is it worth booking a viewing? Getting your park-adjacent home valued? Here’s what our experts have to say…



<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/03/new-build-development-park/720.jpg' alt='home by a park'>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>


<h3>Expert insight: the park premium </h3>
<p>For this, we look to a local expert. William Cooke, Operations Director – Sales in Foxtons Battersea office, shares his experience with property near Battersea Park:

<p style="margin-left: 25px">"Living near London's parks commands significant price premiums, we even shared some research showing properties adjacent to premier parks priced 53% higher than the broader market. Battersea Park boasts the second-highest premium in the capital, with homes across SW11, SW3, and SW8 averaging £927,098—50% higher than wider Wandsworth.<sup>1</sup>

<p style="margin-left: 25px">I can tell you from experience that homes near Battersea Park are remarkably sought-after. They rarely linger on the market – we often have multiple viewings scheduled within days of listing, and competitive offers follow quickly.

<p style="margin-left: 25px">As a seller, this means you can expect strong interest and potentially favourable selling conditions. We're constantly on the lookout for new properties in this area to meet the persistent demand from our qualified buyers.

<p style="margin-left: 25px">For buyers, these spring days truly showcase what makes Battersea special - families enjoying picnics by the lake, joggers on tree-lined paths, and residents savouring the peaceful green space in urban London. When you purchase here, you're not just buying a home but investing in a lifestyle and a historically resilient asset.” 

<p><small><sup>1</sup> Source: Foxtons research - available in <a href='https://propertyindustryeye.com/london-parks-push-up-house-prices-by-over-50' target='_blank'>Property Industry Eye</a></small>

<h3>The green city</h3>
<p>With nearly 3,000 parks across London (<a href='https://www.london.gov.uk/programmes-strategies/environment-and-climate-change/parks-green-spaces-and-biodiversity/parks-and-green-spaces#:~:text=London%20is%20a%20surprisingly%20green,reservoirs%2C%20and%20riversides%20to%20explore.' target='_blank'>source</a>), this 'park premium' extends well beyond Battersea. From the vast expanses of Richmond Park to the manicured gardens of Regent's Park and the community feel of all our amazing local Commons, proximity to green space consistently boosts property values.

<p>At Foxtons, our local experts can provide tailored insights for your specific area – whether you're selling near Greenwich Park, buying close to Hampstead Heath, or exploring options around Victoria Park. We understand the nuances of each local market and can help you maximize your property's park proximity value or find the perfect green space home that meets your lifestyle needs.

<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/03/central-london-park-home/720.jpg' alt='London roof terrace property'></a>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>


<h3>The sunnier side of London living</h3>
<p>Searching for that perfect south-facing garden flat? Wondering what your Holland Park property is worth in today's market? With spring arriving, it's the ideal time to explore London homes, and our local expertise can help you spring into action:

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<a href="https://www.foxtons.co.uk/properties-for-sale/south-east-england" class="cta-button cta-button-secondary">
  
Browse homes on the market</a>

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   <p><p><b>Source:</b> This article uses local knowledge from one of our Operations Directors, as well as Foxtons own data on <a href='https://propertyindustryeye.com/london-parks-push-up-house-prices-by-over-50/' target='_blank'>property premiums around parks</a>. With it, we aim to give a snapshot of the opportunities around the kinds of homes we’re all dreaming of on these lovely, sunny days. If you have any questions on the article, <a href='mailto:experts@foxtons.co.uk?subject=London%20Parks%20Article' target='_blank'>ask a Foxtons expert</a>.</div>



Landlords

Property market updates

march-2025-rental-market

<h2 class='intro_basic'>It's a whole new rental landscape, demanding a fresh approach as tenant behaviours and lettings regulations change. Our latest <a href='https://www.foxtons.co.uk/reports/lettings-report/lettings-market-report-february-2025' target='_blank'>Lettings Market Report</a>, analysing February's figures and looking forwards to the spring season, may help you maintain your competitive edge in London's increasingly complex lettings market.</h2>

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   <p style="margin-left: 25px; margin-right: 25px;"><i>"The Renters' Rights Bill will introduce the Decent Homes Standard to private rentals. We’re waiting on details, but it will likely mirror social housing requirements for ‘reasonably modern facilities’ and ‘thermal comfort.’ Combined with the new landlord ombudsman, this will impact the time you spend on property management...”</i>

<p style="text-align: right">Fran Giltinan<br><small><b>Managing Director - Property Management & Customer Experience</small></b></p>

<center><p style="background-color: #cce3e0;"><a href='https://www.foxtons.co.uk/reports/lettings-report/lettings-market-report-february-2025' target='_blank'>Read the full quote in the <b>Lettings Market Report - February 2025</b></a></big></center>
</div> 

<h3>&#x1f4c8; Key numbers from the report</h3>
<p style="margin-left: 25px">• Applicant demand has remained within 3% of February 2024 levels.
<p style="margin-left: 25px">• Market activity remains strong, with new listings just 2% below last year’s high levels.
<p style="margin-left: 25px">• The average rent now stands at £557 per week, slightly higher than in 2024.

<h3>&#x1f3ac; Watch: Insight on the current London market</h3>
<p>Our Managing Director of Lettings, Gareth Atkins, breaks down what's happening in London's rental market right now and what properties are winning with today's choosier tenants:
<center><div style="padding:100.78% 0 0 0;position:relative;"><iframe src="https://player.vimeo.com/video/1064696459?h=6a319f5309&amp;badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479" frameborder="0" allow="autoplay; fullscreen; picture-in-picture; clipboard-write" style="position:absolute;top:0;left:0;width:100%;height:100%;" title="Lettings Market Report - Expert Market Insight - March 2025"></iframe></div><script src=https://player.vimeo.com/api/player.js></script></center>

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<a href="https://www.foxtons.co.uk/landlord/property-management" class="cta-button cta-button-secondary">Explore Foxtons Property Management</a>

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<center><p style="background-color: #cce3e0;"><a href='https://www.foxtons.co.uk/reports/lettings-report/lettings-market-report-february-2025' target='_blank'>Read our latest <b>Lettings Market Report - February 2025</b></a></big></center>
</div> 

<br><br>
<h5>More articles for London landlords:</h5> 

<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2024/03/how-to-grow-your-portfolio-so-it-flourishes-in-the-lettings-rush' target='_blank'>How to grow your portfolio so it flourishes in the lettings rush</a>
<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2025/02/sanction-changes-coming-to-the-lettings-market-in-may' target='_blank'>Sanction changes coming to the Lettings Market in May</a>

<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2025/01/new-year-new-hires-the-best-time-for-landlords-to-embrace-corporate-housing' target='_blank'>Top tips for letting your property to corporate tenants</a>

<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2024/05/landlord-responsibilities-what-repairs-are-landlords-responsible-for' target='_blank'>What repairs are landlords responsible for</a>



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  <p>GA: "Whilst demand and supply closely resemble last year’s figures, as we predicted, today's landscape stands worlds apart from 2023's frenzied market. Gone are the days when tenants made snap decisions to beat out the competition. The 2025 tenant is discerning, exploring multiple options and neighbourhoods before committing. Especially when the Renters' Rights legislation comes into effect, well-priced, high-quality properties will win the day. Savvy landlords are already adapting their strategies – refreshing properties, reviewing pricing models and calling in experienced agents to stay competitive in this evolved marketplace."
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 <small>  <p><p><b>Source:</b> 
<p style="margin-left: 25px">•	<b>Market data</b>: Foxtons Business Analytics produces our monthly Lettings Market Report, leveraging cutting-edge technology and our exclusive database, one of the largest for London's property market, to provide unparalleled insights for our landlords each month.
<p style="margin-left: 25px">•	<b>Expert insight</b>: To provide you with the most value, this article features our leading lettings experts. Our team's hands-on experience comes from many years in the industry with London's leading lettings agency, so you can rely on our practical, market-tested insight. 
<p>This blend of data-driven analysis and expert commentary offers a comprehensive view of the market, helping landlords navigate any market conditions with confidence. For any questions on the report or insight, <a href='mailto:experts@foxtons.co.uk?subject=March%20Lettings%20Market%20Report%20Article' target='_blank'>ask a Foxtons expert</a>.</small>
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types-of-property-surveys

<h2 class='intro_basic'>You've got questions about property surveys, and you need straight answers. We've gathered the most common questions our buyers ask and worked with the experts at Arnold & Baldwin chartered surveyors to get you clear, helpful answers. Let's dive in.</h2>

<h3>Do I actually need a survey? </h3>
<p>Let's clear something up straight away - you aren’t legally required to have a survey when buying a property in England. It's entirely your choice. If you are mortgaging the property, the bank will have done their own valuation, which sometimes includes a property visit – but this is not at all the same thing as a survey. 
<p>If you plan to book a survey so you can proceed in buying your home with confidence, just let us know early on. This helps keep things moving smoothly once you've had your offer accepted.



<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/02/home-survey/720.jpg' alt='House survey'></a>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>

<h3>House survey vs mortgage survey: What's the difference?</h3>
<p>These terms both come up in a property purchase, so it can be a bit confusing. Here's the simple version:
<p style="margin-left: 25px">• <b>House survey</b>: This is the survey you arrange, <b>for your benefit.</b> The surveyor will inspect the property and tell you what shape it's in before you buy it. Like an MOT on a car, they will provide you with advice on future maintenance and help you understand how to make changes. 
<p style="margin-left: 25px">•	<b>Mortgage survey</b>: This is not a survey. It is a valuation <b>for the benefit of the bank or building society</b> (whoever is lending on your mortgage) to assess what the property is worth and whether they want to lend on it. The lender will arrange an in-person visit if needed. 


<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/02/chartered-surveyors/720.jpg' alt='Chartered surveyors'></a>
<figcaption>Photo by <a href='https://www.freepik.com/author/bestyy38105321' target='_blank'>Bestyy</a> | Freepik </figcaption>
</figure>

<h3>What are the different types of surveys?</h3>

<blockquote class='pullquote_right'>
<p><small>See Arnold & Baldwin’s handy flowchart: <a href='https://www.foxtons.co.uk/i/arnold-and-baldwin/rics_survey.pdf' target='_blank'>Which building survey is right for me?</a></p></small>
</blockquote>

<p><a href='https://www.arnoldandbaldwin.co.uk/' target='_blank'>Arnold & Baldwin</a>, the chartered surveyors we frequently recommend, can tell you that. ‘What type of survey do I need when buying a house?’ is a question they hear all the time. In the chart below, they’ll explain what the different surveys are, which you should be using and how much a survey costs in 2025. 


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          <th style="padding: 12px; border: 1px solid #ddd; text-align: left;">Survey type</th>
<th style="padding: 12px; border: 1px solid #ddd; text-align: left;">Also called</th>
          <th style="padding: 12px; border: 1px solid #ddd; text-align: left;">Best for</th>
          <th style="padding: 12px; border: 1px solid #ddd; text-align: left;">What you get</th>
          <th style="padding: 12px; border: 1px solid #ddd; text-align: right;">Cost guide</th>
          <th style="padding: 12px; border: 1px solid #ddd; text-align: right;">Timeframe</th>
        </tr>
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      <tbody>
      
        <tr>
          <td style="padding: 12px; border: 1px solid #ddd;">RICS Condition Report</td>
<td style="padding: 12px; border: 1px solid #ddd;">RICS Home Survey Level 1</td>
          <td style="padding: 12px; border: 1px solid #ddd;">New-ish homes in good nick</td>
          <td style="padding: 12px; border: 1px solid #ddd;">Any visible defects and urgent issues.
<br>A summary for your legal advisors raising any issues noted on site, as your lawyer likely won't visit the property.
</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">£300-£900</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">~1 week, 1-2 hours at the property</td>
        </tr>
        <tr style="background-color: #e6f1ef;">
    <td style="padding: 12px; border: 1px solid #ddd;">RICS Homebuyer Report</td>      
    <td style="padding: 12px; border: 1px solid #ddd;">RICS Home Survey Level 2 – RPSA Home Condition Survey</td>

          <td style="padding: 12px; border: 1px solid #ddd;">Most regular homes</td>
          <td style="padding: 12px; border: 1px solid #ddd;">A detailed inspection covering all aspects, including a helpful list of works required to submit to tradespeople and a summary for your legal advisors.</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">£400-£1,000</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">~1 week, 3-5 hours at the property</td>
        </tr>
        <tr>
<td style="padding: 12px; border: 1px solid #ddd;">RICS Building Survey</td>          
<td style="padding: 12px; border: 1px solid #ddd;">RICS Home Survey Level 3  - RPSA Building Survey - Full Structural Survey</td>
          <td style="padding: 12px; border: 1px solid #ddd;">Older or unique property designs, poor conditions</td>
          <td style="padding: 12px; border: 1px solid #ddd;">The full works - every nook and cranny inspected to record the construction and any defects.</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">£600-£1,500</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">~2 weeks, 6-8 hours at the property</td>
        </tr>
        <tr style="background-color: #e6f1ef;">
          <td style="padding: 12px; border: 1px solid #ddd;">Specialist Survey</td>
 <td style="padding: 12px; border: 1px solid #ddd;"></td>
          <td style="padding: 12px; border: 1px solid #ddd;">Specific concerns (damp, timber, roofing etc.)</td>
          <td style="padding: 12px; border: 1px solid #ddd;">Typically happens if a survey reveals a need for further inspection</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">£150-£1,000 
(varies depending on survey requirements)
</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">Varies</td>
        </tr>
        <tr>
          <td style="padding: 12px; border: 1px solid #ddd;">Snagging Survey</td>
          <td style="padding: 12px; border: 1px solid #ddd;"></td>
          <td style="padding: 12px; border: 1px solid #ddd;">Completed or nearly completed new-build home</td>
          <td style="padding: 12px; border: 1px solid #ddd;">Check everything's finished correctly and provide a photographic list of items for the developer to finalise</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">£300-£1,000</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">~1 week, 2-6 hours at the property</td>
        </tr>
      </tbody>
    </table>
  </div>

<h3>Most People Go For: RICS Homebuyer Report</h3>
<p>The Homebuyer Report is the most popular choice, and for good reason. It gives you a really good look at what you're buying without breaking the bank. The surveyor will look at the following, flag any urgent issues and help you tell a tradesperson what needs quoting on:  
<p style="margin-left: 25px">•	The property’s history and location
<p style="margin-left: 25px">•	Damp-proofing – this is where the moisture meter comes in
<p style="margin-left: 25px">•	Drainage – just the visual bits
<p style="margin-left: 25px">•	•	Main walls, roof, chimneys, windows, doors (everything which is visible) 
<p style="margin-left: 25px">•	Utilities inspection
<p style="margin-left: 25px">•	Fences, walls and boundaries
<p>Just so you know - they won’t pull up carpets and floorboards, or move items of furniture around. That's Level 3 territory.


<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/02/book-a-survey/720.jpg' alt='Book a survey'></a>
<figcaption>Photo by <a href='https://www.freepik.com/author/senivpetro' target='_blank'>Senivpetro</a> | Freepik </figcaption>
</figure>


<h3>When should I book a survey?</h3>
<p>Honestly, as soon as you can. Pop it into your offer as a condition so the seller can review your complete offer against their timeline. If your offer is accepted, get your survey booked in right away. <p>Surveys can take a few weeks to complete, depending on which type you go for and how busy your surveyor is. Remember - keeping things moving is absolutely crucial to a smooth purchase.

<h3>What if the survey finds problems?</h3>
<p>Here's the thing: almost every survey conducted by a qualified surveyor whose good at their job is going to find something. Houses are a bit like people - they all have their quirks and none of them are perfect. So, if your survey does flag up issues, don't worry. 
<p>There are usually three ways forward: 
<p style="margin-left: 25px">1. Ask the seller to fix things before you buy.
<p style="margin-left: 25px">2. Negotiate the price to cover the cost of repairs.
<p style="margin-left: 25px">3. Accept the issues to keep your timeline, and plan to sort them yourself.

<p>Whatever comes up, we'll be here to help you work through it. We've seen it all before, and we're excellent at finding solutions that work for everyone. That’s how <b>we get it done</b>. 

<h3>Let’s get started</h3>
<p>If you want to book a survey, we recommend Arnold & Baldwin. If you're ready to put in your offer, hop onto your My Foxtons account. 


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<a href="https://www.foxtons.co.uk/myfoxtons" class="cta-button cta-button-primary">Login to My Foxtons</a>
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   <p><p><b>Source:</b> This article has been reviewed and edited by <a href='https://www.arnoldandbaldwin.co.uk/' target='_blank'>Arnold & Baldwin</a> property surveyors, who regularly provide expert insight for our buyers and vendors. Arnold & Baldwin are regulated by the Royal Institution of Chartered Surveyors (RICS), and we cannot influence their surveys. They give the honest third-party information that you can use to make decisions, avoid surprises and have confidence in your offer or asking price. </div>



leasehold-london

<h2 class='intro_basic'>Big news for homebuyers - the government has just released plans to ban new leaseholds. This means future new-build flats will be sold as commonhold instead. This change could make the jump to homeownership easier for many people.</h2>



<h3>What does leasehold actually mean?</h3>
<p>Let’s start with a quick refresher on the terms: </p>


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      <div class="term homeownership">
<div class="icon-header"><center>&#x1f3e1;</center></div><br>
        <strong>Freehold (usually houses)</strong>
        <p>•	You own the property AND the land forever</p>
<p>•	You handle all repairs</p>        
<p>•	No lease to worry about</p>
      </div>
<div class="term homeownership">
<div class="icon-header"><center>&#x1f3e2;</center></div><br>
        <strong>Leasehold (usually flats)</strong>
        <p>•	You own the property for a fixed time period</p>
<p>•	Someone else (the freeholder) owns the land and building</p>        
<p>•	The freeholder handles major repairs</p>
        <p>•	You pay ground rent and service charges</p>
      </div>
      <div class="term incoming">
<div class="icon-header"><center>&#x1f91d;</center></div><br>
        <strong>Commonhold (new route for new-builds)</strong>
        <p>•	You own your property outright</p>
        <p>•	You get a say in building decisions</p>
        <p>•	You share responsibility for building management</p>
        <p>•	No ground rent or lease renewal worries</p>
      </div>
    </div><br><p style="text-align: right"><small>Read the full article: <a href='https://www.foxtons.co.uk/discover/2022/09/leasehold-vs-freehold-the-differences-and-what-to-consider' target='_blank'>Leasehold, freehold and commonhold</a></small></p>
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<h3>What leasehold reform means for you</h3>
<p><b>If you're buying:</b>
<p style="margin-left: 25px">&#x2022	More property options to consider
<p style="margin-left: 25px">&#x2022 Clearer understanding of what you own
<p style="margin-left: 25px">&#x2022 Potentially lower long-term costs
<p><b>If you're selling:</b>
<p style="margin-left: 25px">&#x2022 New selling points for your leasehold property
<p style="margin-left: 25px">&#x2022 Recent reforms make your property more attractive
<p style="margin-left: 25px">&#x2022 Potential buyers will have fewer concerns

<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/03/barbican-leasehold/720.jpg' alt='Barbican leasehold'>
<figcaption>Photo: <a href='https://unsplash.com/photos/a-view-of-a-city-from-a-balcony-B0p2BR1z504' target='_blank'>Barbican</a> by <a href='https://unsplash.com/@krowdeed' target='_blank'>Lawrence Krowdeed</a> - <a href='https://unsplash.com/license' target='_blank'>Unsplash</a></figcaption>
</figure>


<h3>Changes brought by last year’s Leasehold Reform</h3>

<blockquote class='pullquote_right'>
<a href='https://www.foxtons.co.uk/discover/2024/06/awash-upa-round-up-leasehold-reform-and-renters-reform#leasehold-reform' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2024/06/apartment-buildings-london/720.jpg' alt='Leasehold reform act'></a> <p><small>Read: <a href='https://www.foxtons.co.uk/discover/2024/06/awash-upa-round-up-leasehold-reform-and-renters-reform#leasehold-reform' target='_blank'>Leasehold Reform in the Conservative Party's 'Wash Up'</a></small></p>
</blockquote>

<P>This new ban could help buyers find their perfect leasehold home in London’s incredible new-build market. But, of course, there is the matter of existing leasehold property. 
<p>Last year, right before the Conservatives left office, they pushed through a number of bills. Leasehold Reform was one of them, which made some strides in the ownership of existing leasehold properties. 
<P>The roll out has been a little trickier. The new government have said that some aspects of the bill require further consultations and secondary regulations. So, here’s what has changed and what has yet to change: 

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    <div class="card-header">No More 2-Year Wait</div>
    <div class="card-content">
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      <div class="info-row">
        <div class="label">Status:</div>
        <div class="value"><span class="active-status">Active since 31 January 2025</span></div>
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        <div class="label">What it means for you:</div>
        <div class="value">New owners can extend leases (or buy freehold) immediately – no need to wait 2 years.</div>
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    <div class="card-header">Right to Manage</div>
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        <div class="label">Status:</div>
        <div class="value"><span class="active-status">Active since 3 March 2025</span></div>
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        <div class="label">What it means for you:</div>
        <div class="value">More rights to manage property, and abolishes the presumption that leaseholders pay a freeholder's legal fees for RTM claims.</div>
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  <div class="reform-card">
    <div class="card-header">Clearer Service Charges</div>
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      <div class="info-row">
        <div class="label">Status:</div>
        <div class="value"><span class="coming-status">Coming 2025/26</span></div>
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        <div class="label">What it means:</div>
        <div class="value">Easier to understand what you're paying for in terms of communal areas.</div>
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    <div class="card-header">990-Year Leases</div>
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        <div class="label">Status:</div>
        <div class="value"><span class="coming-status">Coming 2025/26</span></div>
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        <div class="label">What it means:</div>
        <div class="value">Leases could be extended for 990 years (instead of 90 years for flats and 50 years for houses)</div>
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    <div class="card-header">Marriage Value Ban</div>
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        <div class="label">Status:</div>
        <div class="value"><span class="coming-status">Coming 2025/26</span></div>
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        <div class="label">What it means:</div>
        <div class="value">When a short lease gets extended, the property value goes up. This 'marriage value' is currently split between the leaseholder and freeholder. New regulations means this would go fully to the leaseholder.</div>
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<h3>Still to come</h3>
<p>The biggest issue still to be ironed out is ground rents for <b>existing</b> properties. So far: 
<p style="margin-left: 25px">&#x2022	The <b>Leasehold Reform Act 2022</b> banned ground rents for most new residential property, but that does not apply to leases granted before 30 June 2022. 
<p style="margin-left: 25px">&#x2022 To pass the <b>2024 Leasehold Reform Act</b> quickly, the proposed cap on ground rent for existing property was scrapped. 
<p style="margin-left: 25px">&#x2022 This new <b>2025 Leasehold Ban</b> also wouldn’t address ground rent in existing leases, so there is still room for improvement. 
This is a complex bit of legislation to get through, but it would make a property into a more attractive listing, helping a lot of London’s homeowners move more quickly. 


<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/03/leasehold-london/720.jpg' alt='Leasehold in London'>
<figcaption>Photo by Foxtons Specialist Video & Photography Team</figcaption>
</figure>



<h3>Buying and selling leasehold <b>now</b>? We get it done</h3>
<p>You don't have to wait on legislation to achieve your goals – the opportunities are already out there. Whether you're buying or selling a leasehold property, our experts can guide you through the process.
<br>

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box-shadow: 0 4px 8px 0 rgba(0, 0, 0, 0.2), 0 6px 20px 0 rgba(0, 0, 0, 0.19);"> <h3><center><b>If you're selling:</b></center></h3>
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<a href="https://www.foxtons.co.uk/valuations" class="cta-button cta-button-primary">Book a valuation</a>

<a href="tel:020 7893 6300" class="cta-button cta-button-secondary">
  
  &#x1f4f1; Call 020 7893 6300</a>

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<br>

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box-shadow: 0 4px 8px 0 rgba(0, 0, 0, 0.2), 0 6px 20px 0 rgba(0, 0, 0, 0.19);"> <h3><center><b>If you're buying:</b></center></h3>
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<a href="https://www.foxtons.co.uk/myfoxtons/buyers" class="cta-button cta-button-primary">Let us know - we'll help search</a>

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 Browse homes for sale</a>

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<br><hr><br>
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   <p><p><b>Source:</b> This article about the <a href='https://www.gov.uk/government/news/beginning-of-the-end-for-the-feudal-leasehold-system' target='_blank'>Commonhold white paper</a> was reviewed and edited by Foxtons Sales department, ensuring you have the best information on on changes to leasehold legislation when you need it. If you have any questions on this article, <a href='mailto:experts@foxtons.co.uk?subject=Article%20on%20the%20Leasehold%20Ban' target='_blank'>ask a Foxtons expert</a>.</div>

Home inspiration

home-renovations

<h2 class='intro_basic'>We're in the season for home renovations, so it's a great time to hear from a company who sees a lot of clients in the midst of them. Marcin Markiewicz, who runs <a href='https://removalsandstoragex.com/' target='_blank'>Removals & Storage Experts</a> in London, shared 8 ways to prepare for your next big project.</h2>

<hr>
<p>By: Marcin Markiewicz


<blockquote class='pullquote_right'>
<a href='https://www.foxtons.co.uk/valuations' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/02/front-door/480.jpg' alt=''></a><p><small>Renovating to sell? <a href='https://www.foxtons.co.uk/valuations' target='_blank'>Book a valuation</a> first to avoid unnecessary work.</small></p>
</blockquote>


<p>Preparing for a home renovation is an exciting yet complex process. Proper planning can make the difference between a smooth, well-executed project and a stressful experience filled with unexpected issues. 
<p>This guide provides essential steps to help homeowners navigate the planning phase efficiently and avoid common renovation pitfalls.


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<div id='news_list_holder'><div class='news_list'>

<div class="news_list_item">
<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/02/kitchen-renovations/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div>
<P><small><small>Photo by Foxtons Specialist Video & Photography Team</small></small></p>
<h3>1. Define your renovation goals</h3>
<p>Before starting your home renovation, establish clear objectives. Are you looking to enhance functionality, <a href='https://www.foxtons.co.uk/discover/2024/01/howto-guide-home-improvements-that-add-value' target='_blank'>increase property value</a>, or update your home’s aesthetics? Consider whether you need minor upgrades or a full house renovation involving structural changes, such as:
<p style="margin-left: 25px">&#x2022; Kitchen renovation to improve layout and efficiency.
<p style="margin-left: 25px">&#x2022; Bathroom updates for better use of space.
<p style="margin-left: 25px">&#x2022; Loft conversion to add an extra room.
<p style="margin-left: 25px">&#x2022; Basement conversions for additional living or storage space.
<p style="margin-left: 25px">&#x2022; House extension to accommodate a growing family.
<p>Consulting an architectural design expert can help refine your vision and ensure your renovation meets legal and structural requirements.
</p>
</div>
</div>

<div class="news_list_item">
<div>
<h3>2. Set a realistic budget and timeline
</h3>
<p>Renovation costs vary widely, and having a renovation project budget in place is crucial. Consider the following:
<p style="margin-left: 25px">&#x2022; Basic renovation costs: Small projects (e.g., cosmetic updates) may cost between £5,000 and £20,000 (Source: Checkatrade), while a full house renovation can range from £50,000 to over £100,000 (Source: Homebuilding & Renovating).
<p style="margin-left: 25px">&#x2022; Contingency funds: Set aside at least 10–20% of your budget for unexpected expenses.
<p style="margin-left: 25px">&#x2022; Timeline planning: Understand the time commitment required for different house renovation projects. A kitchen renovation might take a few weeks, whereas a house extension could last several months.
<p>Consulting project managers ensures that your timeline remains realistic and delays are minimised.
</p></div>
</div>

<div class="news_list_item">
<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/02/removals-for-renovations/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div>
<h3>3. Managing your belongings: removals and storage solutions</h3>
<p>Renovations often involve significant disruption to your living space. Planning what to do with your furniture and personal items is essential:
<p style="margin-left: 25px">&#x2022; Short-term solutions: Move items to another room if only a small area is affected.
<p style="margin-left: 25px">&#x2022; Long-term storage: For extensive renovations, consider removals & storage solutions to protect valuables from dust, damage, and theft.
<p style="margin-left: 25px">&#x2022; Secure off-site storage: Using professional renovation services that include storage options can ensure peace of mind while work is underway.
</p></div>
</div>

<div class="news_list_item">
<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/02/construction-engineer/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div>
<h3>4. Hiring the right professionals</h3>
<p>Choosing the right experts for your property renovation is key to achieving high-quality results. When selecting renovation work professionals, consider:</p>
<p style="margin-left: 25px">&#x2022; Architects and designers: Help with planning and compliance.
<p style="margin-left: 25px">&#x2022; Contractors: Ensure they have experience with house renovation projects and are licensed.
<p style="margin-left: 25px">&#x2022; Project managers: Oversee the renovation from start to finish, handling logistics and schedules.
<p style="margin-left: 25px">&#x2022; Renovation services providers: Ensure they work to the highest standards and comply with UK building regulations.
<p>Always request multiple quotes and check references before hiring a contractor.
</p></div>
</div>

<div class="news_list_item">
<div>
<h3>5. Organising the renovation process</h3>
<p>Renovating in the correct order prevents unnecessary delays and rework. Follow these key steps:
<p style="margin-left: 25px">1. Structural work: Walls, foundation repairs, house extensions.
<p style="margin-left: 25px">2. Utilities: Plumbing, electrical systems, and heating.
<p style="margin-left: 25px">3. Insulation and walls: Plastering and painting.
<p style="margin-left: 25px">4. Floors and fixtures: Flooring installation and final touches.
<p>For a kitchen renovation, ensure cabinetry and appliances are installed in the right sequence to avoid delays. Similarly, loft conversions and basement conversions should be fully waterproofed before proceeding with interior design.
</p></div>
</div>

<div class="news_list_item">
<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/02/contractors-in-london-renovations/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div>
<h3>6. Living through a renovation: minimising disruptions</h3>
<p>If you plan to stay in your home during renovations, prepare for noise, dust, and inconvenience. Key considerations include:
<p style="margin-left: 25px">&#x2022; Creating a temporary living space: Set up a functional area in an unaffected part of the home.
<p style="margin-left: 25px">&#x2022; Relocating if necessary: If work impacts multiple rooms, staying elsewhere might be more convenient.
<p style="margin-left: 25px">&#x2022; Using removals and storage experts: They can store and transport your items safely while work is in progress.
</p></div>
</div>

<div class="news_list_item">
<div>
<h3>7. Decision-making & avoiding delays</h3>
<p>Renovations require quick and informed decisions. As Clara Annesley, Construction Content Specialist at <a href='https://www.proficiencyltd.co.uk/' target='_blank'>Proficiency Ltd.</a> advises:
<p style="margin-left: 40px; margin-right: 40px;"><i>“Be prepared to make quick decisions. During a house renovation, your builder might call you and say, ‘Tomorrow, we’re painting the kid's bedroom. What colour do you want the room to be?’ If you need time to decide, think over it. The entire project gets delayed. And if you're renting another place to live while your home is being renovated, every delay means paying extra for your temporary home.”</i>

<p>Plan ahead by selecting materials, finishes, and fixtures early to avoid unnecessary hold-ups.
</p></div>
</div>

<div class="news_list_item">
<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/02/interior-design-renovation/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div>
<h3>8. Final stages & finishing touches</h3>
<p>As your house renovation project nears completion, focus on:
<p style="margin-left: 25px">&#x2022; Quality assurance: Walk through with your project managers to check for unfinished work.
<p style="margin-left: 25px">&#x2022; Interior design and décor: Select furniture, lighting, and accessories that enhance your newly renovated space.
<p style="margin-left: 25px">&#x2022; Final cleaning and move-in: Ensure all dust and debris are cleared before returning stored items.
</p></div>
</div>

</div></div>

<hr>


<h3>Start your renovation project with a home property valuation today</h3>
<p>A well-planned home renovation can transform your living space and add value to your property. By setting clear goals, hiring the right professionals, and efficiently managing removals and storage, you can ensure a smoother experience. 

<p>However, if you are renovating to sell, it's better to <a href='https://www.foxtons.co.uk/valuations' target='_blank'>book a Foxtons valuation</a> first. We'll help you assess how renovations might impact your home's resale potential and in getting the right timeline for your sale: 

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<br><hr><br>
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   <p><p><b>Source:</b> This article was guest written by <a href='https://uk.linkedin.com/in/marcin-removalsandstoragex' target='_blank'>Marcin Markiewicz</a>, who runs the removals and storage company <a href='https://removalsandstoragex.com/' target='_blank'>Removals & Storage Experts</a>, based in London. He is passionate about helping people make a new house a home and to do away with the stress of moving.</div>


Legislation

sanctions-lettings

<h2 class='intro_basic'>There's a new rule coming into effect that will strengthen how business dealings work in the lettings market. If you've chosen a well-prepared agency like Foxtons, these changes will actually give you greater peace of mind about the tenancies in your rental properties. Foxtons Director of Legal & Compliance, Manjit Kataora, explains the key points you should understand.</h2>



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<h5>Key takeaways:</h5>
<p><small>Click to jump to a topic.</small>
<p style="margin-left: 25px"><b>1. <a href="#new-rules">New rules are coming May 2025.</a></b> Letting agents must report suspected sanctioned individuals.
<p style="margin-left: 25px"><b>2. <a href="#timing">Agents will screen for "bad actors."</a></b> Agents will check suspected landlords and tenants against government lists at key transaction points, keeping your property dealings in good standing. 
<p style="margin-left: 25px"><b>3. <a href="#screening-systems">Choose a well-prepared agency</a>.</b> Working with agents who have proper screening systems in place ensures you won't inadvertently do business with sanctioned individuals.
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<p>The sanctions regime came into sharper focus following Russia’s invasion of Ukraine in 2022 but in fact had been around and had applied to estate agents for quite a long time before then.

<p>Part of the UK’s contribution to international efforts to tackle money laundering and international crime, sanctions are measures intended to freeze the assets of individuals, companies and other organisations (‘designated persons’) and restrict their access to investments and financial services.   Designated persons are listed on a government list (called a consolidated list), which is overseen by a division of the Treasury called the Office of International Sanctions (‘OFSI’).  

<a id="new-rules"></a>

<p>From 14 May 2025, letting agents will for the first time become subject to sanctions reporting obligations. These reporting obligations have applied to estate agents and other ‘relevant firms’ for some time and are triggered where the (estate) agent reasonably suspects that someone they are acting for in terms of either a sale or purchase is a match with someone (or an organisation) listed on the consolidated list.   

<p>The changes in May align letting agents to estate agents. The obligation to file reports will apply where the letting agent ‘reasonably suspects’ either a landlord or tenancy applicant of being a ‘designated person’. 

<a id="timing"></a>

<p>As to the timing of the reporting obligation, this is triggered only when either the landlord or tenancy applicant has entered into what is (in anti-money laundering guidance terms) known as a ‘business relationship’ with the agent. That is, for landlords, from the point the landlord ‘instructs’ the letting agent and the letting agent does work in response to those instructions.  Here, the term instructions means formal instructions, and letting agency work means things done in response to those instructions but does not include publishing advertisements, providing a means by which prospective landlords and tenants can make direct contact or communicate with each other. (Thus excludes the newsagent whose shop window might carry adverts for rooms to let, etc.).  

<p>For tenancy applicants, the reporting obligation applies from the point a prospective tenant’s offer is accepted by the landlord. 

<p>What this means is that letting agents could have designated persons on their database for quite some time before a reporting obligation is triggered. This makes sense because the number of individuals who actually transact is (particularly for large agents) far less than the number of contacts on an agent’s database, and so the thresholds prevent the system from being clogged up by what would otherwise be reports where there is no firm economic activity to speak of. Since the whole purpose of the sanctions is to prevent sanctioned persons or entities from engaging (and profiting from) economic activity, these thresholds make sense. 

<a id="screening-systems"></a>
<p>Large agents have resources to scan their databases and ensure they meet these requirements. This means that landlords can be assured that they will not unwittingly assist undesirable persons or entities from carrying out business activity in breach of sanctions legislation and quite possibly also anti-money laundering legislation as well.

<p>The sanctions regime applies alongside existing anti-money laundering legislation, which continues to remain unaffected by the changes in May. Whereas anti-money laundering legislation applies to lettings transactions over the €10,000 (sterling equivalent) monthly rent threshold, sanctions obligations carry no minimum threshold. All letting agents, therefore, will need to screen all their landlords and applicants in order to comply with the new rules, and serious penalties lie in wait for those who fail to comply. 

<hr>
<h3>Find qualified tenants with Foxtons</h3>
<p>We have a huge database of registered, active renters. Foxtons Lettings team can quickly find the qualified tenants best suited for your rental property. Get started with a valuation:
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   <p><p><b>Source:</b> This piece was authored by Foxtons Director – Legal & Compliance, Manjit Kataora, who has been working with Foxtons on the intricacies of legislation affecting London landlords for more than 16 years. If you have a question on letting your property in London, <a href='mailto:experts@foxtons.co.uk?subject=Sanctions%20Article%20Landlord%20Essentials' target='_blank'>ask a Foxtons expert</a>.


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Lifestyle

bright-winter-interiors

<h2 class='intro_basic'>Louisa Boulton-Lea from Kelling Staging is back to share her top tips on bringing warmth into our homes during these cold late winter months.</h2>


<blockquote class='pullquote_right'>
<a href='https://www.foxtons.co.uk/discover/2025/01/ask-the-expert-how-interior-design-can-elevate-your-propertys-appeal' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/01/memorable-interiors/720.jpg' alt=''></a><p><small>Read our other article with Louisa: <a href='https://www.foxtons.co.uk/discover/2025/01/ask-the-expert-how-interior-design-can-elevate-your-propertys-appeal' target='_blank'>How interior design can elevate your property's appeal</small></a>
</blockquote>

<p>February in London has a distinctive character – a persistent, uniform grey. It's in the sky and mirrored in our energy levels. The impact becomes obvious when we finally catch a glimpse of sunshine. Those first hints of colour peeking behind the clouds and the extra hour of faint light at day's end have made such a difference to our collective mood. A noticeable shift in spirits across the city.

<P>While we can't control the weather (if only!), we can transform our home environments. By bringing light into your daily surroundings, you can create a sanctuary from the gloom – and if you're selling or letting your home this late winter, you'll stand out as the bright spot in buyers' viewing schedules. Here's how.


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<img src='https://page-assets.foxtons.co.uk/news-images/2025/02/colourful-interiors/720.jpg' alt='Colourful interiors'>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
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<h3>Not another grey day</h3>
<p>"Use splashes of colour to bring energy and personality to a room," advises Louisa. "Don't be afraid to mix colours, patterns, and textures to create that bold and lively look. Take your starting point inspiration from a characterful piece of artwork, a vibrant cushion, rug or lampshade to pull all the colours together."
<p>Colour psychology tells us that our surroundings significantly impact our mood. During these grey late winter days, incorporating warm tones can create an instant uplift. You don't need to redecorate entirely – strategic additions like bright throw pillows, a statement vase, or a vibrant art print can transform a space.
<p>Houseplants are another excellent way to introduce colour and life. Even in February, resilient varieties like snake plants, pothos and ZZ plants thrive with minimal attention. Group them together in a lush corner that reminds you spring is on its way. For an instant refresh ahead of property viewings, try a vase of seasonal flowers – like daffodils or tulips.


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<img src='https://page-assets.foxtons.co.uk/news-images/2025/02/pastel-interiors/720.jpg' alt='Pastel interiors'>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>

<h3>Make your own sunshine</h3>
<p>There’s a hotly contested topic across social media lately; the great 'big light vs. soft light' debate. You've got 'big light' people, who hit that overhead switch the second they walk in, flooding the room with brightness. Then, there are the 'soft lighters', crafting cosy vibes with lamps and dimmers, making everything look like a perfectly filtered Instagram post. 

<p>While ceiling lights certainly help visibility on particularly gloomy days, there's no denying that soft lighting is an infinitely more flattering way to showcase all that work you’ve done on your interiors. The late winter gloom gives soft lighting enthusiasts yet another compelling argument: 

<p>“Lighting can often be forgotten when considering the lay of the room, but it’s such a key element to create that warm and inviting glow. Avoid the stark and often unflattering head lights in optic white, and instead opt for lamps with interest, and eye level wall lights which draw the eye in and create that all-important ambience.”


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<img src='https://page-assets.foxtons.co.uk/news-images/2025/02/mirrors-interior-design/720.jpg' alt='Mirrors in interior design'></a>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
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<h3>Every last ray of natural light</h3>
<p>The ultimate remedy for gloom, of course, is natural light. It's why those later sunsets and rare sunny February days feel so deliciously rewarding – a small but meaningful treat for cloud-weary Londoners. <p>Louisa suggests maximizing whatever natural light makes its way into your home with strategic placement of reflections: "Use mirrors as a powerful tool to create the illusion of openness and depth in a room, allowing light to bounce off the walls – perfect on dreary days!"

<h3>Ready to Transform Your Space?</h3>
<p>Don't let the late winter blues dictate your home's atmosphere. Whether you're preparing to sell or brightening up the apartment you rent, these simple changes can make a world of difference. 
<p>For personalised advice on staging luxury property to maximize light and appeal, contact <a href='https://www.kellingstaging.com/' target='_blank'>Kelling Staging</a> for a consultation. 
<p>And if you're looking to buy, sell, or rent a property in London, our team is here to help you find the perfect bright spot to call home. 

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Tell us what you're looking for
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   <p><p><b>Source:</b>  Louisa Boulton-Lea is Head of <a href='https://www.kellingstaging.com/' target='_blank'>Kelling Staging</a>, with 20 years’ experience working in the creative industry. This company stages and styles homes for rent and sale in the Prime Property market. True to the aesthetic of Kelling Design, exceptional work is done with a practiced eye and unique furniture to ensure each home they stage has powerful appeal, improving its memorability and desirability with buyers.</div>





february-london

<h2 class='intro_basic'>Love is in the air, and so are Foxtons "For Sale" signs. This Valentine's Day, we're playing Cupid for London properties and the timing couldn't be better. <a href='https://www.rightmove.co.uk/press-centre/february-march-are-the-best-months-to-list-a-home-for-sale/' target='_blank'>Rightmove's latest study</a> says nearly 7 out of 10 properties listed in February go on to complete.</h2>



<p><a href='https://www.foxtons.co.uk/' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/02/number-1-month-to-list/720.jpg' alt=''></a></p>



<h3>Why are buyers so fond of February?</h3>
<p><a href='https://www.rightmove.co.uk/press-centre/february-march-are-the-best-months-to-list-a-home-for-sale/' target='_blank'>Rightmove's data</a> shows February isn't just for romance – it's also the best time to list a property. 
<p>Analysing sales from 2012 to 2023, the study showed January and February to be the two months when a new property listing will find a buyer fastest - just 51 days. Meanwhile, nearly seven in 10 homes (66.3%) listed in February and March went on to complete as a successful sale. So it turns out, <b>February is the sweet spot</b>.
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            <div style="font-size: 3rem; font-weight: 800; margin: 0;">&#x1f3e1;<br>~7 <small><small><small><small>of</small></small></small></small> 10</div>
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            <p style="font-size: 1.2rem; color: #017163; margin: 0;">homes listed in February<br>complete a sale</p>
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            <p style="font-size: 1.2rem; color: white; margin: 0;">days to find a buyer in the fastest month of the year</p>
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<h3>The 2025 market is looking rosy</h3>

<p>We are seeing a definite rise in positive sentiment, and it's enough to make even the most cynical heart flutter.

<blockquote class='pullquote_right'>
<a href='https://www.foxtons.co.uk/discover/2025/02/mortgage-rates-below-4-are-back-is-it-time-to-buy' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/02/bank-of-england-building/1600.jpg' alt=''></a><p><small>Read the article: <a href='https://www.foxtons.co.uk/discover/2025/02/mortgage-rates-below-4-are-back-is-it-time-to-buy' target='_blank'>Mortgage rates are back below 4% - time to buy?</a></small></p>
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<p>Just yesterday, we shared the exciting news of <b><a href='https://www.foxtons.co.uk/discover/2025/02/mortgage-rates-below-4-are-back-is-it-time-to-buy' target='_blank'>mortgage rates dipping below 4%</a>.</b>  This is a significant milestone for buyers, and as an industry expert at Alexander Hall mortgage brokers put it, it's broken that "psychological barrier" that's been keeping some buyers on the fence.  They're seeing this positive shift firsthand in their clients, and we're seeing it too.

<p><b>Lenders are feeling the love</b> as well. Sentiment is improving, which opens up opportunities for lenders to deliver a wider range of mortgage products, and potentially, <a href='https://www.foxtons.co.uk/discover/2025/01/is-now-the-time-expert-insight-on-housing-affordability-in-2025' target='_blank'>to ease affordability checks for mortgage applications</a>. It's particularly exciting to see more <a href='https://www.foxtons.co.uk/discover/2024/07/what-makes-own-new-rate-reducer-different-to-other-new-home-mortgage-schemes' target='_blank'>innovative products to help first-time buyers</a>.  

<P>All this positive sentiment? The data backs it up. <a href='https://www.foxtons.co.uk/' target='_blank'>Rightmove's research</a> puts <b>buyer demand up 8%</b> compared to the same period last year, and the number of <b>sales agreed up 15%.</b>

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<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/02/match-made-in-london/720.jpg' alt=''></a>
<figcaption>Photo by Foxtons Specialist Video & Photography</figcaption>
</figure>



<h3>A match made in London</h3>
<p>They say in love, you'll find "the one" when you stop looking. But in property? That's precisely when you need to cast the widest net possible. 

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        <div style="font-size: 2.5rem; font-weight: 500; margin: 0;">The <big><big>1</big></big><br> for you</div>
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        <p style="font-size: 1.2rem; color: #017163; margin: 0;">This February, partner your sale with the one who will get it done; Foxtons, London’s number 1 agent.

<br><br><small><small><small><small>Source: TwentyCI data, 2024 v 2023 market share and market share growth of new instructions at a brand level.</small></small></small></small></p>
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<p>London isn't just one market – it's a complex network of vibrant communities, each with its own charms. Your perfect buyer might be dreaming of your postcode right now... or they might not even know they want it yet. <a href='https://www.foxtons.co.uk/reports/the-london-report/london-report-2023' target='_blank'>Two out of every five Foxtons buyers</a> ends up moving to an area outside their initial search. So, if your agent is only selling your property to people looking in their local patch, they’ve missed an entire audience of motivated buyers. 
<p>That's why, at Foxtons, we ensure our Negotiators have every opportunity to play matchmaker between buyers and neighbourhoods. With over 50 connected offices across the capital, our agents can show properties anywhere – not just their assigned patch – and use the latest data from our entire network to reach your buyer, no matter where their search began.

<h3>Finding love in the number 1 month to list</h3>

<blockquote class='pullquote_right'>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2024/02/soldmate/720.jpg' alt=''></a><center><p>In love and property, <br><b>timing is everything</b>. <br>And right now? <br>It's <b>perfect</b>.
</blockquote>


<p>People always wonder: “when is it the right time to get my property valued?” 
<p>The natural preference is to see what’s out there first, before you jump into the market with your own property. But if you start by looking for your next home, and wind up finding 'the one,' your sale will not happen in time to buy it. 
<p>Don't let your property be the one that got away. <a href='https://www.foxtons.co.uk/valuations' target='_blank'>Book a free valuation</a> with Foxtons, and let's make Cupid proud.


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bank-of-england-building

<h2 class='intro_basic'>Great news if you've been waiting to start your property search in London - mortgage rates have dropped below 4%. Lenders are feeling confident, which means there are some excellent mortgage deals available right now. Here's what you need to know...</h2>


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    <div class="toc-title">Jump to:</div>
    <ul class="toc-list">
        <li class="toc-item">
            <a href="#whats-changed" class="toc-link">What's changed?</a>
        </li>
        <li class="toc-item">
            <a href="#whats-available" class="toc-link">How do I get a 4% or less rate?</a>
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            <a href="#monthly-payments" class="toc-link">What does a rate drop mean for monthly payments?</a>
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            <a href="#fixed-variable" class="toc-link">Should I get a fixed or variable rate?</a>
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            <a href="#consider" class="toc-link">What to consider</a>
        </li>
        <li class="toc-item">
            <a href="#explore" class="toc-link">Explore my options</a>
        </li>
    </ul>
</div> 

<a id="whats-changed"></a><figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/02/bank-of-england-building/720.jpg' alt='Bank of England'></a>
<figcaption>The Bank of England has cut the base rate| Photo: <a href='https://unsplash.com/photos/woman-walking-in-front-of-white-building-with-ionic-pillars-jeF-vyxytb4' target='_blank'>Bank of England</a> by <a href='https://unsplash.com/@robertbye' target='_blank'>Robert Bye</a> - <a href='https://unsplash.com/license' target='_blank'>Unsplash</a></figcaption>
</figure>



<h3>What's changed?</h3>
<p>The Bank of England recently lowered the Base Rate, which is usually good news.  However, this time around, the excitement was muted because they also pulled back on their predictions for economic growth in 2025. <p> Despite this cautious outlook from the Bank of England, we're happy to report that the property market remains positive. In fact, some mortgage lenders are offering some of their best rates in months, and even <i>years</i>.  This positive shift in lender confidence is a welcome development. </p>


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   <p>
"Rates below 4% are a hugely positive step for consumers and the market. When mortgage rates start with a 3 it helps to break a psychological barrier and we have seen this positive sentiment from our clients." 

<p>"With the outlook of further base rate cuts this may lead to lenders offering lower affordability stress rates, which could give a bit more flexibility with affordability for those looking at their buying or remortgage options. Naturally anyone reviewing their mortgage options will need to speak to a good broker to access the most appropriate option."
<p style="text-align: right">Stephanie Daley<br><small><b>Director of Partnerships - Alexander Hall</small></b></p>

</div> 


<a id="whats-available"></a><h3>Can I get a mortgage rate under 4% now?</h3>
<p>Our partner broker, <a href='https://www.alexanderhall.co.uk/' target='_blank'>Alexander Hall</a>, tells us that there are both 5-year and 2-year fixed rate products below 4% once again. While we saw some 5-year fixed deals <a href='https://www.foxtons.co.uk/discover/2024/01/rates-fall-doors-open-more-good-news-for-buyers-and-landlords' target='_blank'>below 4% last year</a>, this is the first time since March 2023 that 2-year fixed rates have been this low.
<p>This means you could get a mortgage with lower monthly payments than you might have expected. Alexander Hall works with both high street banks and specialist lenders to find the right mortgage for you.


<a id="monthly-payments"></a><h3>What does this mean for my monthly payments?</h3>
<p>All this fuss over less than a 1% decrease? You'd be surprised; a small change in your mortgage rate can actually make a huge difference to your monthly payments. Even a quarter of a percent (0.25%) drop could save you hundreds of pounds each year:


<div style="max-width: 350px; margin: 0 auto; font-family: Arial, sans-serif; background: linear-gradient(135deg, #e6f1ef 0%, #ffff 100%); border-radius: 16px; padding: 32px; box-shadow: 0 4px 6px rgba(0,0,0,0.1);">
    <div style="text-align: center; margin-bottom: 32px; position: relative;">
   
        <h2 style="color: #017163; font-size: 25px; margin: 0 0 8px 0;">The Impact of a <b>0.25%</b> Rate Drop</h2>
        <p style="color: dark-grey; font-size: 16px; margin: 0;">See How Much You Could Save Monthly</p>
    </div>
    
    <div style="display: flex; flex-direction: column; gap: 24px;">
        <div style="background: white; padding: 24px; border-radius: 12px; box-shadow: 0 4px 12px rgba(0,0,0,0.1); position: relative; border-left: 6px solid #fff000;">

            <div style="display: flex; justify-content: space-between; align-items: center;">
                <div>
                    <div style="color: #4b5563; font-size: 16px; margin-bottom: 8px;">Loan Amount</div>
                    <div style="color: #67aaa1; font-size: 20px; font-weight: bold;">£300,000</div>
                </div>
                <div style="text-align: right;">
                    <div style="color: #4b5563; font-size: 16px; margin-bottom: 8px;">Monthly Savings</div>
                    <div style="color: #017163; font-size: 25px; font-weight: bold;">£43.90</div>
                </div>
            </div>
        </div>
        
        <div style="background: white; padding: 24px; border-radius: 12px; box-shadow: 0 4px 12px rgba(0,0,0,0.1); position: relative; border-left: 6px solid #fff000;">
            <div style="display: flex; justify-content: space-between; align-items: center;">
                <div>
                    <div style="color: #4b5563; font-size: 16px; margin-bottom: 8px;">Loan Amount</div>
                    <div style="color: #67aaa1; font-size: 20px; font-weight: bold;">£500,000</div>
                </div>
                <div style="text-align: right;">
                    <div style="color: #4b5563; font-size: 16px; margin-bottom: 8px;">Monthly Savings</div>
                    <div style="color: #017163; font-size: 25px; font-weight: bold;">£73.17</div>
                </div>
            </div>
        </div>
        
        <div style="background: white; padding: 24px; border-radius: 12px; box-shadow: 0 4px 12px rgba(0,0,0,0.1); position: relative; border-left: 6px solid #fff000;">
            <div style="display: flex; justify-content: space-between; align-items: center;">
                <div>
                    <div style="color: #4b5563; font-size: 16px; margin-bottom: 8px;">Loan Amount</div>
                    <div style="color: #67aaa1; font-size: 20px; font-weight: bold;">£700,000</div>
                </div>
                <div style="text-align: right;">
                    <div style="color: #4b5563; font-size: 16px; margin-bottom: 8px;">Monthly Savings</div>
                    <div style="color: #017163; font-size: 25px; font-weight: bold;">£102.43</div>
                </div>
            </div>
        </div>
    </div>
    
    <p style="color: #6b7280; font-size: 14px; text-align: center; margin-top: 24px;">Based on a 30-year repayment mortgage term</p>
</div>


<h3>Should I go for it?</h3>
<a id="fixed-variable"></a><p><big><b>Fixed or variable rate?</b></big>
<p>Many people who bought through us when rates dipped this time last year are now happily settled in their new homes with 2-year or 5-year fixed rates. However, no one can perfectly time the market to get the lowest possible rate. 
<p>As we said last year: "Rates might come down a bit more, or they might not. Is waiting for a possible better deal worth missing out on what's available now? Only you, your adviser and time will tell."

<a id="consider"></a><p><big><b>What to consider</b></big>
<p>If you're thinking of getting a fixed-rate mortgage, here are a few things to consider:
<p style="margin-left: 25px">• If you’re moving from a variable rate, first check if there's an exit fee
<p style="margin-left: 25px">• First-time buyer? Look carefully at any product or arrangement fees
<p style="margin-left: 25px">• A 5-year fixed rate will give you peace of mind on your monthly payments, however we may see rates fall further over the coming years. In which case, a shorter-term deal could give you the flexibility to switch in 2-3 years.


<figure>
<a href='https://www.foxtons.co.uk/properties-for-sale/south-east-england' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/02/mortgage-rate-decrease/720.jpg' alt='Browse London homes for sale'></a>
<figcaption>Find your home in London | Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>




<a id="explore"></a><h3>Ready to Explore Your Options?</h3>
<p>Whether you want to move forward now or just see what's possible, start by talking to a mortgage adviser. They'll keep track of the market for you, explain your options clearly, and help you make the right choice for you. <a href='https://www.alexanderhall.co.uk/contact' target='_blank'>Get in touch with Alexander Hall</a>, our trusted mortgage partners, for a free consultation.
<p>Want to start looking at properties? <a href='https://www.foxtons.co.uk/help/contact' target='_blank'>Find your local office</a>, <a href='https://www.foxtons.co.uk/properties-for-sale/south-east-england' target='_blank'>browse our homes on the market</a> or <a href='https://www.foxtons.co.uk/myfoxtons/applicants' target='_blank'>tell us what you’re looking for on My Foxtons</a>, and our local experts will help you find it.

<br><hr><br>
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   <p><p><b>Source:</b> This information for this article was provided by and reviewed by Alexander Hall mortgage advisers, to ensure you have the most valuable information in front of you when you’re navigating the mortgage market. If you have any questions on the blog information, <a href='mailto:experts@foxtons.co.uk?subject=Mortgage%20Rate%20Update%20February' target='_blank'>get in touch</a>. We’re always happy to help.</div>



lettings-market-report-affordability

<h2 class='intro_basic'>London's rental market is shifting gears. While January saw a seasonal uplift in demand from December, increased supply and concerns around affordability mean the market's dynamics are changing. Here's what you need to know about Q1 2025's evolving rental landscape and how to adjust your strategy.</h2>

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   <p style="margin-left: 25px; margin-right: 25px;"><i>"...While the coming spring market should bring an uptick in demand, the substantial growth in supply means your property will face more competition. Success now depends on
precision pricing that reflects both real-time market data and evolving tenant preferences in your local area...”</i>

<p style="text-align: right">Gareth Atkins<br><small><b>Managing Director - Lettings</small></b></p>

<center><p style="background-color: #cce3e0;"><a href='https://www.foxtons.co.uk/reports/lettings-report/lettings-market-report-january-2025' target='_blank'>See the full story in the <b>Lettings Market Report - January 2025</b></a></big></center>
</div> 

<h3>&#x1f4c8; Key numbers from the report</h3>
<p style="margin-left: 25px">• This January, whilst demand fell 3% from last January, it increased 83% from December 2024.
<p style="margin-left: 25px">• The volume of listings coming to market declined just 5% from last January. However,
compared to December 2024, there was a 51% increase.
<p style="margin-left: 25px">• The average rent achieved in January increased 2% from January 2024.

<h3>&#x1f3ac; Watch: the impact of affordability on Build to Rent</h3>
<p>Sarah Tonkinson, Managing Director - Institutional PRS and Build to Rent, shares expert insight on the affordability conversation and the opportunities it creates in London's Build to Rent sector.
<center><div style="padding:100.78% 0 0 0;position:relative;"><iframe src="https://player.vimeo.com/video/1057565329?h=9d068f5e11&amp;badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479" frameborder="0" allow="autoplay; fullscreen; picture-in-picture; clipboard-write" style="position:absolute;top:0;left:0;width:100%;height:100%;" title="Lettings Market Report February 2025"></iframe></div><script src=https://player.vimeo.com/api/player.js></script></center>


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<a href="https://www.foxtons.co.uk/valuations" class="cta-button cta-button-primary"> Get a rental valuation
</a>
<a href="https://www.foxtons.co.uk/landlord/property-management" class="cta-button cta-button-secondary">Explore Foxtons Property Management</a>

</center>

<br><br>
<h5>More insight on the lettings market:</h5> 

<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2025/02/expert-reactions-key-debates-from-the-rentersa-rights-billas-second-reading' target='_blank'>Expert reactions: key debates from the Renters' Rights Bill's second reading</a>

<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2024/03/video-the-complete-endtoend-service-for-investing-landlords' target='_blank'>Video: the complete end-to-end service for investing landlords</a>

<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2024/04/setting-up-an-hmo-the-pros-the-cons-and-the-hmo-licence' target='_blank'>Setting up an HMO: the pros, the cons and the HMO licence</a>

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<div class="panel">
  <p>ST: Affordability is the word you’ll hear everywhere this year. In London's Build to Rent sector, there’s an opportunity for market-savvy operators to use this conversation to set their offering apart. <p>My team had an exceptionally busy 2024 placing residents within a broad spectrum of lifestyles and a range of housing needs and search criteria. The appetite is there. In that time, we saw a crucial shift. The market grasps what Build to Rent is, and it’s now exploring the huge potential in Build to Rent to create quality rental housing. Through varied price points and amenity offerings, operators can tap into London's diverse rental demographics while addressing the city's pressing need to attract and retain talent. 
<p>Next month, Joel Ellis-Duffy, Sales Director - New Homes and I will be attending MIPIM in Cannes – where the future of urban development takes centre stage. I'll be sharing how Foxtons' pioneering data analytics and unrivalled London market expertise can transform your Build to Rent strategy. Let's meet in Cannes to explore how we can build your success in London's robust market.

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 <small>  <p><p><b>Source:</b> 
<p style="margin-left: 25px">•	<b>Market data</b>: Foxtons Business Analytics produces our monthly Lettings Market Report, leveraging cutting-edge technology and our exclusive database, one of the largest for London's property market, to provide unparalleled insights for our landlords each month.
<p style="margin-left: 25px">•	<b>Expert insight</b>: To provide you with the most value, this article features our leading lettings experts. Our team's hands-on experience comes from many years in the industry with London's leading lettings agency, so you can rely on our practical, market-tested insight. 
<p>This blend of data-driven analysis and expert commentary offers a comprehensive view of the market, helping landlords navigate any market conditions with confidence. For any questions on the report or insight, <a href="mailto:experts@foxtons.co.uk">ask a Foxtons expert</a>.</small>
 </div>

Area guide

Renting

hampstead-westfield-penthouse

<h2 class='intro_basic'>It's a charmed life in Hampstead. The sprawling Hampstead Heath beckons nature lovers, while the quaint Hampstead High Street and Village carry an old-world London appeal. With a wealth of cultural heritage and beautiful nature to explore, and the most blue plaques of any London suburb, we think you’re going to love it here. </h2>
<a id='to-the-top' target='_blank'></a>
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<p><font color= "#017163" ><b>Just moved in?</b> Be sure to talk to <a href='mailto:concierge@foxtons.co.uk?subject=Hampstead%20Area%20Guide' target='_blank'>Foxtons Concierge</a>, so we can help you get set up.</p>
</small></div> 
<hr>

<P><b>Jump to:</b> 
<p style="margin-left: 25px;">Considering Hampstead? <a href='#ask-our-experts' target='_blank'>Ask our experts</a> | <a href='#property-market' target='_blank'>Hampstead's property market</a></p>

<p style="margin-left: 25px; margin-right: 25px;">New in town? <a href='#explore-the-area' target='_blank'>Explore the area</a> | <a href='#meet-your-neighbours' target='_blank'>Meet your neighbours</a></p>
<p style="margin-left: 25px;">Hampstead's personality: <a href='#claim-to-fame' target='_blank'>What Hampstead is known for</a> | <a href='#pictures' target='_blank'>Most picturesque spot</a> 
<p style="margin-left: 25px; margin-right: 25px;">The details: <a href='#commute' target='_blank'>Commuting from Hampstead</a> | <a href='#where-is-hampstead' target='_blank'>Where is Hampstead?</a> | <a href='#quick-links' target='_blank'>Quick links</a></center>

<hr>

<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/02/west-hampstead-market/720.jpg' alt=''>
<figcaption>Photo: West Hampstead Market | <a href='https://unsplash.com/photos/man-in-white-dress-shirt-standing-near-brown-wooden-shelf-with-bottles-and-food-GNCiCX1-17U' target='_blank'>Photo</a> by: <a href='https://unsplash.com/@kamranc1000' target='_blank'>Kamran Chaudhry</a> - <a href='https://unsplash.com/license' target='_blank'>Unsplash</a></figcaption>
</figure>

<a id="explore-the-area"></a><h3>Your perfect first day in Hampstead: how to explore the area</h3>

<p style="margin-left: 25px">&#x1f31e; Ready for a wander? Explore picturesque Highgate Village, nestled atop this hill in Hampstead Heath, to the west of Hampstead's high street. Enjoy stunning views of the Heath and London skyline while discovering charming gastropubs, theatres, boutiques, and cultural exhibits.  If it’s a particularly sunny day, take a refreshing dip in Highgate Ponds' open-air swimming holes, or experience the breathtaking bluebells carpeting Highgate Wood each May.


<p style="margin-left: 25px">&#x1f3c3; Want to stretch your legs? Of course you have the sprawling woodlands and meadows of Hampstead Heath to amble - as well as tennis courts, open-air swimming and Parliament Hill running track open year-round. Hampstead also has a 9-hole golf course, multiple kitted out gyms and its very own cricket club.

<p style="margin-left: 25px">&#x1f6d2; Hampstead High Street, just outside the station, has an incredible array of upscale shops, from luxury outfitters to home goods for your new place. You'll have the best fresh produce at your fingertips with a local butcher, bakery and greengrocer. If it's a Saturday, you'll want to head to West Hampstead for the Farmer's Market.

<a id="meet-your-neighbours"></a><h3>&#x1f44b; Meet your neighbours: who lives in Hampstead? </h3>
<p>Today's celebrities – a-list actors, media personalities, footballers and artists – flock to Hampstead. As do well-established practitioners of law and medicine. West Hampstead is especially popular with young professionals.

<small><p style="text-align: right"><a href='#to-the-top' target='_blank'>^ To the top</a></small>

<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/02/hampstead-westfield-penthouse/720.jpg' alt=''>
<figcaption>View overlooking Hampstead | Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>



<a id="ask-our-experts"></a><h3>&#x1f50d; Is Hampstead a good place to live? </h3>
<p>Adam Thornton, Managers of Foxtons Hampstead office, thinks so. ““Hampstead offers a peaceful village feel amongst cobbled streets and period architecture only a stone’s throw from Central London. From its quaint independent cafes and restaurants to the high end fashion boutiques, the high street has everything to appease locals and weekends visitors alike. Nothing quite beats a long walk in the Heath followed by the reward of drink in one of our cosy pubs.”

<a id="property-market"></a><h3>&#x1f3e1; Find your home: the Hampstead property market</h3> 
<p>There are so many beautiful neighbourhoods around this area, from the colourful homes and cosy pubs of Hampstead Village to Belsize Park’s cobbled mewses and darling bakeries, and of course it’s worth a wonder by the eclectic mix of mansions on The Bishops Avenue, often referred to as ‘Billionaires Row.’
<P>If you're looking for a place to call home in Hampstead, we'll show you around the elegant Victorian conversions, stately Georgian terraces, period mansion blocks and gated mansions that provide a rich landscape of impressive architecture.

<small><p style="text-align: right"><a href='#to-the-top' target='_blank'>^ To the top</a></small>



<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/02/hampstead-heath-pergola/720.jpg' alt='Hampstead Pergola'>
<figcaption>Hampstead Pergola | <a href='https://unsplash.com/photos/bench-beside-hedges-pncTHnpCtaM' target='_blank'>Photo</a> by: <a href='https://unsplash.com/@nico86' target='_blank'>Nicolas Lysandrou</a> - <a href='https://unsplash.com/license' target='_blank'>Unsplash</a></figcaption>
</figure>

<a id="pictures"></a><h3>&#x1f4f8; Hampstead's most insta-worthy spot</h3>
<p>The best place to snap a photo? It’s got to be The Hill Garden and Pergola in Hampstead Heath – everywhere you turn is a good photo op. In fact, many happy couples take their wedding photos here. 
<p>The Pergola, overlooking West Heath, is carefully cultivated to look like some overgrown ancient palace, and the garden has a beautiful range of unique cultivars for plant lovers. It’s a bit of a hike and feels very tucked away, but that only adds to its allure. 


<a id="claim-to-fame"></a><h3>&#x1f451;  Hampstead's claim to fame</h3>

<p>Hampstead's greatest claim to fame is quite clearly the Heath. Hampstead Heath is the incredible wild park that inspired the Chronicles of Narnia. It's become the subject matter of many paintings including works by John Constable and Gillian Lawson. Famous poets like John Keats and authors like Zadie Smith wrote about the Heath.

<p><b>Famous faces</b></p>
<p>As for famous faces, an incredible amount of celebrities have found their haven in Hampstead - Ricky Gervais, Lewis Capaldi, Harry Styles, Helena Bonham Carter, Olivier Giroud, Sam Smith, Dame Judi Dench, Sting... From actors to artists to politicians to sportspeople, there are far too many who've graced these cobbled streets for us to list them all. 
<small><p style="text-align: right"><a href='#to-the-top' target='_blank'>^ To the top</a></small>

<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/02/foxtons-hampstead-office/720.jpg' alt=''>
<figcaption>Foxtons office in Hampstead | Photo by: Foxtons Specialist Video & Photography</figcaption>
</figure>





<a id="commute"></a><h3>&#x1f687;  Commuting from Hampstead</h3>

<blockquote class='pullquote_right'>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/02/hampstead-map/480.png' alt='where is hampstead'>
</blockquote>
<p>Hampstead may feel like a world of its own, but it’s surprisingly well connected. The Northern Line serves stations such as Hampstead, Belsize Park, Highgate, and Chalk Farm. Swiss Cottage and Finchley Road have access to the Jubilee Line and Metropolitan Line. London Overground stations include Hampstead Heath, Finchley Road, Frognal and Gospel Oak.

<a id="where-is-hampstead"></a><h3>&#x1f4cd;  Where is Hampstead?</h3>
<p>Hampstead is in Zone 2 and 3, in the London Borough of Camden, in North London.</p>

<small><p style="text-align: right"><a href='#to-the-top' target='_blank'>^ To the top</a></small>

<hr> 

<a id="quick-links"></a><p><b>Quick links:</b> 

<blockquote class='pullquote_right'>
<a href='https://www.foxtons.co.uk/discover/2024/12/at-your-service-even-after-the-sale' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2024/11/video-concierge/720.png' alt='London concierge service'></a><p><small>When you move to Hampstead, see <a href='https://www.foxtons.co.uk/discover/2024/12/at-your-service-even-after-the-sale' target='_blank'>what Foxtons Concierge can do for you</a>.</small>
</blockquote>

<p style="margin-left: 25px"><a href='https://www.foxtons.co.uk/living-in/hampstead' target='_blank'>Foxtons overview of the Hampstead property market</a>: See the latest figures on house prices and rental prices in Hampstead.
<p style="margin-left: 25px"><a href='https://www.foxtons.co.uk/local-life/hampstead' target='_blank'>Hampstead Local Life Guide</a>: Explore local recommendations, and what’s on in the area this week.
<p style="margin-left: 25px"><a href='https://www.foxtons.co.uk/education/camden/' target='_blank'>Borough of Camden School Guide</a>: From nursery to university, see our guide to Hampstead schools (and the greater Camden borough), using information from the Department of Education.
<p style="margin-left: 25px">Foxtons Commuter Search: Is Hampstead an easy commute for you? See <a href='https://www.foxtons.co.uk/properties-to-rent%20/travel' target='_blank'>properties to rent</a> and <a href='https://www.foxtons.co.uk/properties-for-sale%20/travel' target='_blank'>properties for sale</a> by travel time.

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<a href="https://www.foxtons.co.uk/properties-to-rent/hampstead" class="cta-button cta-button-primary">Browse <b>Hampstead homes to rent</b></a><br>

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   <p><p><b>Source:</b> This article has been compiled in collaboration with the <a href='https://www.foxtons.co.uk/contact/foxtons_hampstead_estate_agents' target='_blank'>Foxtons Hampstead</a> office, who have verified all information within it. Our Hampstead team are experts on the local market and truly understand what the area has to offer. 
<p>For more information about living in Hampstead, or to discuss your property needs, pop into the office: <b>47 Heath St, London NW3 6UA</b> or call the team at <b><a href="tel:020 7433 6600">020 7433 6600</a></b></div>



expert-insight-renters-rights

<h2 class='intro_basic'>Important debates sparked during the Renters' Rights Bill's second reading in the House of Lords on Tuesday, 4 February. <p>Watch as our London lettings experts Gareth Atkins (Managing Director - Lettings), and Fran Giltinan (Managing Director - Property Management & Customer Experience), analyse the key debates and their potential impact on London landlords and the rental sector. </h2>

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<p>Want to know more about the Renters' Rights Bill? Read the following articles: 
<p style="margin-left: 25px"><a href='https://www.foxtons.co.uk/discover/2025/02/an-open-letter-from-our-ceo-what-the-ban-on-upfront-rental-payments-could-mean-for-landlords-and-tenants' target='_blank'>An Open Letter from our CEO: what the ban on upfront rental payments could mean for landlords and tenants</a>
<p style="margin-left: 25px"><a href='https://www.foxtons.co.uk/discover/2024/09/your-guide-to-the-rentersa-rights-bill-timelines-and-whatas-changed' target='_blank'>2025 rental market: expert tips and forecasts</a>
<p style="margin-left: 25px"><a href='https://www.foxtons.co.uk/discover/2024/09/your-guide-to-the-rentersa-rights-bill-timelines-and-whatas-changed' target='_blank'>Your guide to the Renters’ Rights Bill: timelines and what’s changed</a>

<p style="margin-left: 25px"><a href='https://www.foxtons.co.uk/discover/2024/10/the-second-reading-of-the-renters-rights-bill' target='_blank'>The second reading in the Commons of the Renters' Rights Bill </a>

<p style="margin-left: 25px"><a href='https://www.foxtons.co.uk/discover/2025/01/limiting-rent-in-advance-a-and-the-overseas-student-market' target='_blank'>Limiting rent in advance and the overseas student market</a>


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  <p>GA: The Renters' Rights Bill has just cleared its second reading in the House of Lords, and while the core legislation hasn’t changed, the debates have revealed some crucial concerns for London's property market. Let's break down the key issues that every landlord needs to understand.

<p>The late addition of a ban on upfront payments has sparked intense debate. There are 3 million people renting in London and we see 10-15% of tenants using upfront payments – the self-employed, international students and those with poor credit history or fall just short of affordability checks. And in such a competitive market, this ban could significantly impact housing accessibility for these groups. It deserves further consideration. We see over 16 applicants vie for each property, so the government should understand that it will affect these groups more than landlords who can rent to the remaining 80%. 

<p>FG: Despite the Government’s assurances that they are collaborating with the Ministry of Justice, the Lords’ concerns about court system capacity remain valid. Our advice? Focus on what you can control. Thorough documentation and proper pre-tenancy procedures are crucial as they have always been. Remember, our property management and credit control teams are trained to handle complex situations as and when they arise.

<p>The extension of the Decent Homes Standard to private rentals is an important step forward we support. Our property management team can connect you with trusted contractors and guide you through all of your compliance and maintenance requirements, ensuring a smooth transition to these new standards.

<p>While we fully support the bill's objectives to protect tenants, success will lie in the details. Some measures, particularly around upfront payments and court processes, need careful consideration. As London strives to attract talent, with the Labour government's focus on "growth", we must ensure these reforms achieve their aims without creating new barriers. 

<p>GA: We will continue working closely with landlords to navigate these changes effectively. We will continue to lobby some of the elements of the bill which we feel will not have the impact the government desires. The bill now moves to committee stage and we will keep you updated throughout.


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   <p><p><b>Source:</b>  The content in this video was written and delivered by Foxtons leading lettings experts to ensure you have the best information to hand. <p>We will continue to monitor the progress of the Bill to provide you with accurate, reliable information to support you as the legislation changes. Our team's hands-on experience comes from many years in the industry, so you can rely on our practical insight and comprehensive support.</div>


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# Property trends and Insight

We help our landlords stay on top of all the latest regulations.

Property trends and Insight

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Expert Reactions: key debates from the Renters’ Rights Bill’s second reading