The Market
Property & Pre-Budget Propaganda: Charles Curran on the real effects of policy leaks & speculation
Maskells' MD reflects on how the recent raft of terrifying predictions are impacting on activity in the prime market - and why opportunistic buyers are still pressing ahead.
Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
More speculation about potential tax hikes in November's Budget event.
Property sales dip as buyers ‘adopt a wait & see strategy’
But Zoopla says the market 'remains on track for the most housing sales since 2022.'
Rental price growth slows to ‘more normal levels’ as supply builds
This is 'the closest the market has been to pre-pandemic levels of available supply for four years,' says Rightmove.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest market movements & commentary, featuring data and analysis from Maskells, Savills, Rightmove, ONS, Foxtons & more...
Government confirms “emergency measures to significantly ramp up housebuilding” in London
'Time-limited, emergency measures' include reduced affordable housing requirements, relaxed planning rules, and levy relief for residential developers.
Kensington crowned London’s high-value sales hotspot – Savills data
W8 outshines Chelsea & Belgravia for the first time in five years, as domestic demand shifts the PCL landscape.
Foxtons revenue nudges up as lettings focus offsets sales slowdown
Major London player cautions on Q4 sales outlook as Budget uncertainty hits demand.
London rents climb to four-year high despite seasonal demand slump
'Increased stock levels and resilient budgets suggest a more balanced market is emerging,' says Foxtons.
Renters’ Rights Bill clears parliament
Letting agents face big changes to accountability & compliance, as rental sector reforms await the Royal rubber stamp.
Industry Reactions: Annual house price growth slipped back in August
Many pundits expect the market to slow further as the Autumn Budget approaches.
Prime rental markets hold firm as regulatory changes loom
PCL values post largest quarterly uptick since September 2023; landlords expected to stay cautious as Renters’ Rights Bill nears enactment.