Economics
First-time buyers behind one in three property sales so far this year
Hamptons heralds a 'market milestone' as first-time buyers account for a record share of home-buying activity, particularly in London and the South East.
Tom Bill: How much will mortgage rate hikes affect the UK housing market?
Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher rates will reduce as the year progresses, writes Knight Frank's…
Property industry reactions: BoE holds interest rates at 5.25% for fifth time
'Monetary policy will need to remain restrictive for sufficiently long to return inflation to the 2% target sustainably,' says the Monetary Policy Committee, but many prime resi pundits expect interest…
Most HNWIs plan to increase investment in UK property, suggests survey
High net worth investors view economic instability 'as an opportunity for increasing their exposure to UK property at an attractive price point,' says Investec.
Scotland’s property market is heading towards ‘the Goldilocks scenario’
DM Hall boss reports optimism in Scotland's residential property market, as 'the market proves its resilience to the shocks of the past year'.
Required Reading: The Budget 2024 for HNWIs & business owners
Mishcon de Reya's team of tax and legal experts talks us through the key points of this year's Spring Budget, including the end of the Non Dom regime, changes to Capital Gains Tax on residential property,…
‘Another missed opportunity’: Prime property industry reactions to the Spring Budget 2024
Featuring insights from: Black Brick, Chestertons, Fine & Country, Harrods Estates, Heaton & Partners, Jackson-Stops, Janine Stone, Knight Frank, Lomond, London Central Portfolio, Prime Purchase, Propertymark,…
OBR boosts house price forecast
Average UK house prices are likely to fall 2% this year and 0.4% in 2025, says the Office for Budget Responsibility, with a return to positive growth slated for 2026.
‘London offers the best outlook for residential real estate’ of any major European city, claim economists
'Fundamentals favour London as a residential opportunity,' says Oxford Economics.
13 key findings from Knight Frank’s 2024 Wealth Report, and 5 big themes shaping real estate markets this year
The property consultancy's 18th flagship research report delves into real estate investment drivers, global economic and policy shifts, HNW lifestyle trends, luxury collectibles, AI, sustainability and…
Global UHNWI population bounces back, climbing 4.2% in the last year
Knight Frank's Wealth Report 2024 highlights a recent 'wealth revival' alongside a massive ongoing generational shift in fortunes.
Budget 2024: The prime property sector’s hopes & expectations
'All we hope for is a reduction in SDLT,' says one London estate agency chief - 'however in reality I suspect there is more chance of stumbling across a unicorn in Regent’s Park!'