Sales
On the remarkable resilience of prime residential markets
Savills research director Frances McDonald explains what's really been happening in the prime markets across London and the country, and looks at the prospects for the rest of the year.
‘The gap between seller expectation & market reality is likely to widen further,’ warns London agent
"It seems we have a market of cautious buyers coming up against optimistic sellers, and the gap in their expectations is widening," says a London estate agency after analysing four property market indices.
There’s no boom and bust, just a gentle dip: Strutt & Parker’s Matthew Henderson on cutting through the noise
'Some buyers think it is 2008 and some sellers think it is 2021': A reflection on the events of the last few months, and outlook for the housing market as we head into the autumn selling season.
Housing transactions to slump to lowest level since 2012 – Zoopla
And house price growth has slowed to a "virtual standstill", reports property portal.
Mortgage borrowing continues to slide
Fresh data from UK Finance and the Bank of England shows a sharp decline in property lending.
Cash buyers swoop on PCL trophy homes in summertime super-prime sales flurry
“A successful run of historic trophy house sales in the capital’s prime locations reflects an increasing buyer appetite and confidence," says Noel De Keyzer, Head of Savills Knightsbridge.
‘Despite the evident market rectification, there’s an emerging robustness’ – Garrington
Buying agency senses "renewed optimism" brewing for the UK economy and property market.
From avoiding work to listening to the dinner party set: Seven of this summer’s big prime property trends
'Emotions are running exceptionally high', report acquisition specialists, as uncertainties play out in buyer behaviour across the land.
Countryside house prices outpace coastal hotspots
"Buyers who are being priced out of the seaside are diverting their search to nearby countryside spots," suggests eXp UK.
Prime London Property Market Snapshot: Week 33, 2023
PrimeResi's regular sit-rep of London's prime residential scene, featuring the latest sales and lettings data from LonRes.
How prime & super-prime markets are faring in London & the country
Charlie Wells & Ollie Marshall give us the lowdown on how things are shaping up in and out of town in 2023, and explain the different forces at work in each market...
London vendors ‘undeterred’ despite drop-off in buyer numbers
30-branch estate agency Chestertons recorded a 10% rise in new instructions last month, but says there are fewer purchasers entering the market.