The Market
London’s super-prime market goes into summer recess
Latest LonRes Data: Under-offer numbers halve as £5mn+ deals and new instructions fall sharply amid 'uncertainty and a lack of urgency'.
Prime London rents pick up pace as growth hits 18-month high
Average values jumped 5.3% in July, reports LonRes, with PCL seeing an especially sharp turnaround.
‘London stands out as an area lacking confidence’ as UK housing market ‘remains subdued’
Buyer demand and sales activity 'struggle to gain momentum,' says the RICS.
Big London agency reports 22% drop-off in buyer registrations
Chestertons flags steepest annual fall in prospective buyers since last November amid political and tax uncertainty.
New York’s pied-à-terre tax paused after nearly a million properties swept into rollout row
Homeowners launch legal challenge to implementation, arguing City Hall ‘arbitrarily and capriciously foisted onto New York City residents the burden of proving they are not subject to the Surcharge.
Prime London Property Market Snapshot: Week 32, 2026
A third fewer sales were agreed across the capital's prime postcodes last week Vs the same seven day period last year.
‘Cottagecore boom’ cools as buyer demand drops by a third
Property portal tells of declining interest in country or coastal cottage around the UK, with sales volumes dwindling and prices under-clubbing the wider market.
Renter’s Rights Act ‘still proving largely counterproductive’, says Knight Frank
Rental stock squeeze continues, reports agency, as landlords adapt to the new regime.
Resi developers ‘are increasingly prioritising profitability over speed of sale’
Property lender finds one in eight new-build property listings remain unsold after six months.
Prime London transactions up 14% as more buyers come off the sidelines
Knight Frank says buyers and sellers have become 'hardened to the volatility' as latest numbers suggest an improving picture across the prime postcodes.
Prime rents climb as new rules divide the market
Rental price growth is 'stronger in markets most impacted by the Renters’ Rights Act,' says Savills, and much lower for the highest-value properties.
Required Reading: What the proposed landlord database could mean for property agents
Estate agency trade body Propertymark outlines the key points and potential fallout of some notable incoming legislation to further regulate the private rented sector.