News Archive for May 2026

May Market Update

Homesforth Estate Agents in West Hampstead NW6 share their May 2026 property market update. Expert insight on house prices, mortgage rates and what it means for buyers and sellers in West Hampstead, NW6 and North West London.

Source: Jayden

Offer to completion · What really happens

Accepting an offer feels like the end of the process. In this part of London it is closer to the halfway point. Here is where all twenty weeks actually go — and which of them you can get back.

Source: Jayden

Find your next property

Fees

Holding deposit - Capped at 1 weeks rent (only applicable where the Landlord has withdrawn the offer)

Security Deposit - Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent as stated in the AST contract

Changes to tenancy - Capped at £50 including Vat

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is four weeks’ overdue

Replacement keys - Reasonable costs as charged by the supplier or the option for the tenant to purchase directly themselves

Utilities, council tax, communication services, TV Licence etc - Tenants own responsibility unless otherwise stated in the Assured Tenancy Shorthold (AST) contract

Client Money Protection Scheme Membership - Membership number: CMP013570

Property Redress Scheme Membership - Membership number: PRS047067