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The Latest Breaking News from Hamptons

Double hit for homeowners as house values drop by thousands while mortgages rise; average rent passes £1,200

The first-time buyer sector continues to be the most affected and rents are the highest they've ever been

Wales Online

£4,159 fall in average price tag on a home in November

While asking prices for homes are falling, average rents are heading upwards as higher mortgage rates keep people renting for longer, reports suggest.

The Independent UK

My worst moment: The ‘Simpsons’ joke Reid Scott blurted out in an audition that he worried ruined his career

In the comedy “Who Invited Charlie?” which premiered last month at the Toronto International Film Festival, Reid Scott plays a New York finance guy who decamps to the Hamptons with his wife and kid in the early days of the pandemic, only for his former college roommate — a wild…

Chicago Tribune

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UK poised to enact biggest interest rate hike in 3 decades

The Bank of England is expected to announce its biggest interest rate increase in three decades as it seeks to beat back stubbornly high inflation fueled by Russia’s invasion of Ukraine and the disastrous economic policies of former Prime Minister Liz Truss

The Independent UK

New York's Hamptons offer a feast of indoor, outdoor art

On the eastern end of Long Island, New York, lies a trove of art venues and a rich cultural scene to explore at leisure

The Independent UK

Buy-to-let landlords facing financial cliff edge after mini-budget

Mortgage market meltdown has left many amateur landlords facing a stark choice: to raise rents or sell up

The Guardian - UK

London rental crisis: The cost of renting a flat in every borough, from cheapest to most expensive

In 12 London boroughs, average rents are now more than £2,000 a month, as housing costs in the capital continue to rise

Evening Standard

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Warning issued to renters across UK as house prices expected to stall

Forecasts have been compared with the 2008 financial crash

Nottingham Post

Renters to be hit in wake of stagnating house prices

Estate agent warns over prices of renting a property

Wales Online

Warning issued to anyone renting a UK home as house prices 'likely' to stall

Rental prices are likely to increase despite pressures of the cost of living on tenants.

Daily Record

Warning to anyone renting a home in the UK as letting agent makes dire prediction

Despite affordability issues for tenants, rental growth is expected to outperform house price growth over the next four years, reflecting "the increasingly high-cost environment faced by landlords"

Daily Mirror

Rents will continue to rise next year while house prices stall, estate agents warn

Hamptons have forecast that rents will rise by five per cent in 2023 due to ' the increasingly high-cost environment faced by landlords

Chronicle Live

Warning issued to anyone who rents a home in the UK

It's better news for anyone purchasing a house

Liverpool Echo

House prices ‘set to stall next year while rents continue rising’

Hamptons predicts 0% house price growth annually by the end of next year, but said rents will rise as landlords face higher costs.

The Independent UK

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Evening Standard

House price forecast: interest rate rises to cool UK price growth as mortgaged buyers sit tight

2024 will be a year of recovery for the housing market, with London leading the charge.

Wales Online

Energy bills could be more than mortgage payments next year, say experts

Disposable incomes will shrink significantly in the new year for many people as their utility bills continue to soar

The Independent UK

Energy bills could be higher than mortgage payments next year, say experts

Many people are set to see their disposable incomes shrink significantly in 2023 with utility bills catching up with mortgages.

Evening Standard

‘Crossrail effect’ hits rents as price growth near Elizabeth line stations outpaces London average

The Elizabeth line opening has seen rents soar in newly well-connected Crossrail locations.

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Tribune News Service

The most expensive meal in the Hamptons is a $30,000 dinner cruise

It takes a lot to make waves in the Hamptons, but Dom Pérignon has raised the bar on yacht charters out East this summer.

Evening Standard

Supermodel Cindy Crawford’s former Malibu beach compound goes on sale for £82.5m

Cindy Crawford and Rande Gerber sold their house in 2018, now it’s on sale for more than double the price.

The Independent UK

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.

Evening Standard

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

The Independent UK

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

‘I hope you’re being compensated really well’

Evening Standard

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

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