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The Latest Breaking News from Hamptons

28% of ‘London leavers’ purchasing homes are first-time buyers, analysis finds

On average, these buyers spent £383,070 on their first home, compared with an average of £526,600 for a first-time buyer purchasing in the capital.

The Independent UK

Average asking price for a home hits record high for sixth month in a row

The average price tag on a property increased by £1,354 month on month in July to reach £369,968, Rightmove said.

The Independent UK

Inside Princess Eugenie and Jack Brooksbank’s big move to ‘Lisbon’s answer to the Hamptons’

As it’s revealed the royals will be splitting life between Comporta and London, Luciana Bellini delves into what life will be like in the new celebrity hot spot on the Portuguese coast

Evening Standard

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Private chef in the Hamptons shares inside look at 17 hour workday: ‘Is this everyday?’

‘I hope you’re being compensated really well’

The Independent UK

Record number of London properties sold off-market amid fiercely competitive housing market

A record 23 per cent of sales in the capital were agreed off market in the first five months of 2022 as buyers seek to beat the ‘stock starved’ market

Evening Standard

Around 10% of house sales taking place ‘off-market’, analysis finds

‘Mainstream’ house sellers have been embracing off-market selling as buyers are willing to pay a premium amid a lack of stock, according to Hamptons

The Independent UK

30% of homes let in London this year ‘have gone to tenants from outside capital’

Some 55% of tenants recently moving into London came from the surrounding Home Counties, Hamptons said.

The Independent UK

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Comedian Des Bishop marries fiance Hannah Berner in stunning Hamptons beach ceremony

Photos shared online by guests show Des, 46, and Hannah, 30, saying ‘I do’ on the beach followed by a lively reception with their closest friends and family

Irish Mirror

Nine-acre waterfront mega-mansion in the Hamptons listed for $72m

The giant estate in Water Mill has a 17,000-square-feet mansion that comes with 21 bedrooms

The Independent UK

73% of home buyers ‘have been chain-free so far in 2022’

Buyers with a home to sell before they can make a purchase have been put at the back of the queue, according to estate agent Hamptons.

The Independent UK

What does the buy-to-let bounce mean for London renters?

Landlords are back in the buy-to-let market, buying more homes than they are selling for the first time since 2016

Evening Standard

Rent in London: the cost of renting a flat in every London borough

Can you beat London’s red-hot rental market?

Evening Standard

Buying off-plan: six-year high in sales of unbuilt homes in London hotspots Hackney and Southwark

Driven by a lack of available homes on the market, the share of homes sold off-plan rose for the first time since 2016, with Cotswolds, Southwark and Hackney among the hotspots

Evening Standard

More homes sold off-plan in 2021 amid lack of existing properties – study

Some 37% of new homes sold in England and Wales found a buyer before completion, up from 35% in 2020, Hamptons said.

The Independent UK

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Wales Online

Households now spend up to 64% of income on rent and bills

Tenants in the South East of England spent the highest proportion of their post-tax income on rent and other bills last year

The Guardian - UK

Tenants face having to find extra £1,000 for 2022 rent and bills

Hamptons expects sums to become 54% of post-tax income for average rented household in Great Britain

The Independent UK

Households saw nearly £17,000 swallowed up by rent and bills in 2021 – research

The average privately renting household spend 42% of their post-tax income on rent in 2021, rising to 52% when including other bills, Hamptons said.

The Independent UK

A Hamptons pastry chef, a new bride and a father who won the green card lottery: The Ukrainians returning home from US to fight for their country

While more than two million refugees have evacuated Ukraine to escape Russia’s violent assault on troops and civilians alike, a growing number of Ukrainians living in the US are making the opposite journey to return to their homes and fight. Rachel Sharp reports

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The Guardian - UK

‘So self-important’: Hamptons airport vote pits wealthy against super-rich

Town board expected to pass plan that would allow it to limit traffic and noise of airport used by ‘the 1%’

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