In this edition, we asked several leading buying agents for their views on the current state of the property market and predictions for the future, providing invaluable insight. The market continues to adapt to shifting economic conditions, including tariffs and international trade dynamics. Notably, there has been an influx of US buyers, attracted by favourable exchange rates and investment opportunities. These buyers are less impacted by the recent non-domiciled tax changes, allowing them to invest in prestigious areas of London, which are seen as prime investment destinations. The UK has long maintained a close relationship with the US, with clients appreciating the shared language and cultural ties, and with some clients hoping this will mean favourable tariff negotiations moving forward.
Acquiring art, much like property, demands due diligence and solid contracts. From verifying provenance to understanding tax implications, our guide provides key tips for collectors looking to adorn their new homes with valuable pieces and to protect their investments. Whether you're new to collecting or an experienced buyer, understanding these legal aspects is crucial, as Lavinia de Nazelle explains.
Finally, the Renters' Rights Bill introduces significant changes to the rental market. With limits on rent levels and payment structures, landlords must adapt to a more regulated environment. The Bill aims to prevent bidding wars and ensure fairer tenancies, but it also requires landlords to carefully vet tenants and prepare for potential rent review delays, as discussed by Alison Taylor.