Landlords in central London were the most likely to have reduced rents in England in the last 12 months, according to a new study.
The study of 1,043 landlords across England found that fewer landlords in central London reported tenant demand to be stable or increasing than in any other region, and that over a quarter were likely to have reduced rent in the last year.
The study found that landlord confidence overall had remained confident or increased in the first quarter of 2018 compared with the end of last year.
Landlords in the east of England were most positive about the future, according to the report, with over half (53 per cent) indicating that they felt upbeat about the prospects for their own lettings business over the next three months.
By contrast, landlords in central London were the least optimistic, with only 26 per cent rating prospects for their own business as good or very good over the next three months.
At a regional level, the East of England and the Midlands look well supported, with encouraging data on tenant demand, yield and capital gains while the London market adjusts its footing after many years of strong growth.
In a research carried on landlords it is found that 14 per cent of landlords have decreased rents in central London over the past 12 months.
Chelsea’s annual floral art show is back in town. This year’s theme is ‘Summer of Love’ inspired by, you guessed it, the Royal Wedding. As always the streets will be transformed with wonderful floral displays created by retailers in the borough. Check out all the eye-popping blooms and see if you can guess which scene will be will be voted ‘Best Floral Display’.
There’s no better way to feel like a seasoned Londoner than by pointing out a blue plaque to a bunch of city newbies. And now you can see the exact location of all 933 of these distinctive discs and when they appeared, thanks to Esri UK’s interactive map.
Set up in 1866, the English Heritage blue plaque scheme commemorates the houses and workplaces of famous figures, including the likes of Freddie Mercury, Marie Stopes, Samuel Pepys and Enid Blyton. Esri’s animated map shows the spread of blue dots throughout the ages, from the first plaque (for French Emperor Napoleon III, who lived on King Street off St James’s Square) to the latest, commemorating BBC director-general Sir Hugh Carleton Greene. There have been other Blue Plaque maps out there, including an official English Heritage app, but as far as we know there are none this swishy or up-to-date for your desktop.
Celebrate the wedding of the year as Prince Harry marries Meghan Markle at Windsor Castle.
Royal wedding timings
• The royal wedding takes place in St George’s Chapel, Windsor Castle at 12pm.
• At 1pm, the newlyweds partake in a carriage procession through Windsor Town.
• The couple then join their wedding guests for a reception at St George’s Hall.
The wedding will be televised on various global television channels, including British broadcasters BBC, ITV and Sky News.
Over 500 exhibitors are tending to their most prized plants for the 2018 Chelsea Flower Show, which has taken place annually (apart from a few gaps during the two world wars) for over 100 years now. This year however, there are some changes in store. As well as a new layout, there’s a new ‘Space to Grow’ garden and, for the first time on Fri May 25, Ranelagh Gardnes will remain open for an evening of live music and entertainment.