Key findings from Zoopla’s annual “State of the Property Nation” include a marked upswing in estate agencies’ sentiment, but there’s continued uncertainty over the political situation.
Rightmove recorded its biggest ever December/January asking price “surge” in the wake of the General Election – led by more expensive “top of the ladder” properties.
Average rental payments across the country increased by 3.7% in 2019, and have escalated by 81% in the last decade.
UK regions saw a dramatic 51% increase in the number of “American-style” purpose-built rental homes completed in 2019, according to Savills, the British Property Federation and Molior.
Mike Woolliscroft has been promoted to Chief Executive of Countryside Properties’ Partnerships South division
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Developer wants to delay the delivery of around 250 residential apartments in favour of fast-tracking more office space.
KPF-designed development on the edge of the City is delivering 246 private apartments, along with a boutique hotel, office space and new retail units
“While the outlook for 2020 is generally more positive” than in 2019, says Savills, “price growth in prime residential markets is still expected to be modest across many global cities”
Q4 was a record quarter for £20m+ deals in Central London, reports Savills, while December saw the highest number of £5m+ sales since 2014.
Southbank apartment owners are having another go at blocking some of Tate Modern’s viewing deck.