The Market

Brighter conditions expected across the world's top luxury housing markets in 2027, with Asia leading the pack, Milan outperforming in Europe - but London still under pressure.

Latest official data shows the national annual rate of property price inflation fell sharply in May. 'The market is holding steady rather than collapsing,' comments one London estate agent.

Sales activity has slowed again.

Property portal finds just 1 in 7 homes rise in value every year.

88% of Savills' London agents report weaker seller sentiment, rising to 94% in the country, but the market is far from frozen.

Overseas property held through companies or other structures can have unexpected consequences for UK purchases - lawyer Will Timbrell explains where buyers and advisers need to tread carefully.

UPDATED: Former Defence Secretary John Healey replaces Rachel Reeves as Chancellor of the Exchequer; Angela Rayner returns to the Cabinet as Housing Secretary.

Record-breaking sales, resurgent international demand and a surprise winner among the capital's super-prime neighbourhoods - but buyers are still calling the shots.

The St John's Wood street has notched up almost £100mn of house sales in the past 12 months.

'Buyers have plenty of choice and sellers are having to work harder to stand out and attract them,' says portal.

Important consultation seeks to set a framework for how much leaseholders should pay to buy the freehold, extend their lease or to buy out their ground rent.

Your essential five-minute briefing, featuring data, forecasts and analysis from Beauchamp Estates, LonRes, UK Sotheby's International Realty, Knight Frank, eXp UK, Savills, Cluttons & more...