London’s rental market is heating up
‘The majority of tenants registering with us now see their return to the office as imminent’, reports Chestertons
‘Proximity to the pub beats being close to work’: Pandemic leaves ‘a legacy of changed priorities’ amongst prime property buyers
Most affluent property buyers are “undeterred” by the looming end of the Stamp Duty holiday, says Savills, but the pandemic is likely to leave “a legacy of changed priorities” amongst home-buyers.
London super-prime deals jumped by 44% in Q1 – but are still below pre-pandemic levels
“The outlook for the super-prime London market remains fairly positive at present,” says Benham and Reeves boss Marc von Grundherr.
House price inflation falls back to +8.9% – UK HPI
April saw UK house price growth slow for the first time since July 2020, according to the official index.
Global property markets ‘are flashing the kind of bubble warnings’ not seen since 2008, warns Bloomberg
New Zealand, Canada, Sweden, the UK and US are amongst the world’s “frothiest” housing markets, according to new analysis, with high price-to-rent and price-to-income ratios.
Heatmapped: Prices are rising at a ‘worrying’ rate in some UK regional markets
Over the last twelve months, the average price of a home sold in England and Wales has rocketed by £40,500, or 13.4%, reports Acadata – with a ‘staggering’ annual rate of over 20% recorded in parts of the North West.
Buying agency reports rise in ‘negotiation-only’ clients
Stacks says it is increasingly being brought in to handle negotiations once the right property has been identified, especially in complicated country house deals…
London market ‘holds its own’ as sales top £56bn
£56.2bn worth of real estate has been sold across the capital since the start of the pandemic, according to analysis of Land Registry records.
Renting a home is ‘cheaper than buying’ for the first time since 2014
Pandemic-induced property trends mean it is now cheaper to rent a home than buy one, says Hamptons, reversing a six-year trend.
Heatmapped: Sold prices around Hyde Park
New analysis shows where the value is to be had around London’s largest green space…
The impact of stamp duty on transaction numbers will be greater in 2021 than during any other year
2021 will be a case study for how differing rates of stamp duty impact the property market, writes Tom Bill – and another big spike in transaction numbers is on the cards for later this month…