Sales

Benham and Reeves has tracked which London locations have the highest proportion of open-market property listings that have been marked as sold or under offer.

House hunters and property vendors were out in force between Christmas and the New Year, reports Britain's biggest portal.

“We’ve seen significant competition for homes throughout the year and I can’t see that changing in 2022,” says Edward Douglas-Home, head of Scottish residential at Knight Frank.

Savills expects prime regional price growth to moderate this year, while Prime Central London prices feel ready to surge upwards.

Around half a dozen homes valued at up to £100m are due to be listed for sale in the coming months.

67,000 home purchase mortgages were approved in November, according to the Bank of England; the lowest figure since June 2020, but near the 12-month average up to February 2020.

“I’ve never known a time like it in 30-plus years," says Rupert Sweeting, head of national country sales at Knight Frank.

Property prices in prime outer London are rising at their fastest pace since February 2016, according to Knight Frank's latest index.

Almost half of Brits trust their own judgement when it comes to choosing their next home, says Savills

"2021 is likely to mark the largest outmigration from London for at least a generation," says Hamptons' research chief.

Knight Frank presents the 12 numbers of 2021...

Harrods Estates' Head of New Developments Simon Barry, Head of Lettings Sarah McIntyre, and Residential Director Shaun Drummond share their pick of the key trends set to shape the luxury property market…