Sales

It now takes an average of 77 days for a property to go under offer, says Rightmove, up from 72 a year ago. The North West has seen the biggest acceleration in time taken to sell a home.

Prices and transactions down in a 'weak' start to 2019, reports London Central Portfolio; uncertainty in the capital has now 'permeated to the rest of the UK'

How have transactions and prices been holding up in the most exclusive of London enclaves?

Official figures indicate that the monthly volume of residential property transactions is now close to the ten-year average, with little change over the last year.

8,279 properties were sold to landlords with buy-to-let mortgages in northwestern England last year, according to Savills, putting the region ahead of London (8,263 sales) and the South East (8,009) in…

The FT reports on investors being caught out in the capital's off-plan market...

10.8% more homeowner remortgages were completed in 2018 than in 2017, says UK Finance, while 11.5% fewer new buy-to-let and 1.9% fewer new home-mover mortgages went through.

57% of the homes sold in London's priciest postcodes during H2 2018 went to overseas purchasers, reports Hamptons International, the highest level recorded since H2 2012;

The proportion of overseas purchasers in PCL is at a six-year high, according to new research out today, accounting for over half of the homes sold in the capital's top postcodes.

The UK's average asking price tickled up by just 0.2% in the last year, reports Rightmove, with three out of four Southern regions seeing negative growth.

The Forest of Dean saw average prices rise by 11% last year, according to official statistics, while the City of London saw prices drop by 7.1%...

Surveyors 'sense little prospect of a turnaround' in the short-term, says the RICS, 'as concerns over the potential impact of Brexit, alongside affordability constraints continue to cause buyers and sellers…