Economics

"Some projects could become economically unviable if local authorities force developers to increase Section 106 agreements in line with runaway inflation," warns Boodle Hatfield.

London has fallen further down the wealthiest city rankings, with fewer millionaires now calling the UK capital home than New York, Tokyo and San Francisco.

"In light of the period of national mourning now being observed in the United Kingdom, the September 2022 meeting of the Monetary Policy Committee has been postponed for a period of one week."

A house price correction of between 10% and 20% looks increasingly likely, writes Colin Jones, Professor of Real Estate at Heriot-Watt University.

Unless the economic scene changes dramatically, a cataclysmic collapse in property values is unlikely, says the Glentree boss.

Another influential team of analysts expects a sharp downturn for Britain's property market, with London house prices likely to fall 15%.

London estate agency Benham & Reeves expects house prices to rise by another 5% before the end of the year.

Prime Central London will “continue to outperform” the wider London and national UK property markets, says Capital Economics, as it issues another set of downbeat forecasts.

A programme of “behavioural nudges and incentives for collective action” – including property tax rebates – could promote the uptake of energy efficient tech across Britain’s housing stock, says…

"The UK property market has mirrored recent weather trends seen over the last month," says Garrington's research presenter, Olivia Wayne, in the buying agency's August property market snapshot - "with…

In the next few months many people will be faced with tough choices, says James Wyatt - now is the time to prepare.

"Real estate is more recession-proof than other assets, especially when it comes to luxury homes," argues Mickey Alam Khan, the New York-based president of Luxury Portfolio International.