The top end of London’s property market recorded the strongest performance in terms of sales during 2022 with sales 63% higher than their pre-pandemic average.
Read MoreLondon prime rental market ‘collapses’ as available lets fall sharply
Figures from LonRes show that rents are shooting up as tenants compete for a dwindling number of properties.
Read MoreDemand hugely outstripping supply in central London despite looming recession
Prices have risen by 5% and rents by nearly a third year-on-year, latest data from LonRes shows.
Read MoreLondres celebrates its 20th anniversary
LonRes, a subscription based business-to-business trading platform, is celebrating its twentieth anniversary, laying claim to being one of the original PropTech companies.
Read MoreProptech has robbed estate agents of their traditional skills, say senior industry duo
Lonres founders William Carrington and Anthony Payne say more sales agents are 'rowing back' from technology to re-embrace more traditional techniques.
Read MoreProptech platform older than Rightmove celebrates 20 years in business
LonRes, which launched several months before Rightmove, now has 6,000 estate agency users and is viewed as essential to many agents in London and the Home Counties.
Read MoreThe LonRes response to HMRC and AML branch checks
The Negotiator’s exclusive interview with LonRes discussed the challenges faced by sales agents in London and why it has bought FCS, the Anti Money Laundering services provider.
Read MoreExclusive: Lonres snaps up leading AML consultancy as HMRC ramps up inspections
Prime agents are increasingly under scrutiny by HMRC over their AML practices, which has prompted Lonres to acquire Financial Crime Services.
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