The Market
New figures reveal £541mn Stamp Duty slump after Reeves Budget
Knight Frank has been crunching the numbers ahead of John Healey's big speech, revealing a sizeable drop in high-end sales and the Treasury's tax take.
Groundhog Day: On Budget déjà vu & why London’s super-prime market refuses to roll over
Another Budget, another round of doom and gloom - but buying agency boss Richard Rogerson has been digging through the £10mn-plus sales figures, and London isn't quite as lifeless as some are saying.
Property movers sour on government policy as the Budget looms
Home movers are 'soldiering on with one arm tied behind their back', says property portal boss, warning: 'there’s only so long people can keep battling against the odds.'
‘London lettings is entering a new kind of market’ – Foxtons
Tenant demand dropped by more than a fifth in September, reports agency.
Four in ten homes for sale have already had asking prices cut
The number of price-reduced listings on Zoopla has increased 3.6% since August.
The casualties of indecision: Louisa Brodie on when an asking price isn’t really an asking price
Banda's Head of Private Clients shares her take on 'an increasingly frustrating aspect' of the prime & super-prime rental market.
Prime London rental growth hits 18-month high as new rules reshape market
LonRes reports a 4.6% rise in achieved rents last month, with lettings activity falling - and more than a third of Mayfair deals sitting outside the Renters' Rights Act.
Only three prime London neighbourhoods saw £2mn+ stock rise in Q3
11 of 14 tracked areas saw a decline in the volume of £2mn+ sales listings.
Prime London sales still ‘sluggish’ despite September stirrings
LonRes records the slowest September for transactions since 2016, although the £5mn-plus sector is showing signs of life.
No take-off for £5mn UK investor visa
Plans to attract overseas HNWIs to Britain reportedly grounded ahead of Budget, despite ‘considerable pent-up demand’.
Big-bucks mortgages spread beyond London heartland
Savills analysis reveals an 18% rise in £500k-plus lending outside Southern England since 2021, despite a 36% jump in borrowing costs.
House price premium for top school areas shrinks to 29%
'Families continue to pay a significant premium for homes in areas with the strongest-performing secondary schools,' says Savills.