The Market

Conditions are 'highly-competitive' at the top-end, reports Beauchamp Estates, with multiple serious tenants often vying for the same property...and the victor happy to pay one or two years’ rent up-front.

'It’s likely to be another muted, and in parts challenging, year for some buyers and sellers in 2024,' warns Rightmove, as the property portal identifies five trends to watch in the coming year.

Housing market activity is slowing down as seasonal trends re-emerge, says the estate agency trade body.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Beauchamp Estates, Jackson-Stops, Knight Frank, HMRC, Zoopla & more...

'We haven’t turned the corner yet' but minimal month-on-month fall amidst a backdrop of stubborn inflation and high mortgage rates 'is a ringing endorsement for the resilience of the property market a…

Hong Kong, Dubai, Geneva, Miami & Sydney all saw $10mn-plus sales rise over the last quarter, reports Knight Frank.

Key takeaways from the recent Wealth Breakfast at Burlington House, where a panel of experts delved deep into the mechanics of the capital's prime property market.

Savills expects average rents to increase by another 6% next year, before the pace of growth eases as tenants are stretched to the limit.

Bank of England data tell of another increase in mortgage approvals, prompting Savills to suggest 'some confidence is beginning to return' to the property market.

While studios and small flats have struggled in the cooling conditions, foreign buyers have been driving the market for certain family-suitable homes, reports Benham & Reeves.

Deal numbers continue to slide in prime London, but the last week has seen a decent increase in new sales instructions.

Cornwall, Kensington & Chelsea and Westminster have more second homes than any other parts of the country.