Economics
Tom Bill: ‘The near-term outlook for demand in prime central London has deteriorated’
Knight Frank's research chief explains why the property firm has revised its PCL price forecasts down.
Property industry reactions: Six weeks until the General Election
Leading property brokers, developers & market-watchers have broadly welcomed news of an imminent General Election.
House prices rise as inflation falls – UK HPI
Official data suggests property values are increasing in most regions, but not in London.
Tom Bill: Companies reassess UK relocation plans due to economic squeeze
Economic headwinds, rising rents and tech layoffs mean corporate relocations to London are down on last year.
London loses top spot for property investors
A survey by Handelsbanken suggests that appetite for residential property investments in the UK has picked-up compared to last year, but London appears to be falling out of favour.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Coutts, the RICS, Savills, Rightmove, Foxtons, Knight Frank, Propertymark & more...
Ranked: The world’s 50 wealthiest cities in 2024
London has lost 10% of its high net worth population over the last ten years, pushing the UK capital down to fifth place on a list of the world's most millionaire-heavy cities.
Property industry reactions: Bank Rate held at 5.25% for a sixth time
The latest inflation figures are 'encouraging,' says the Bank of England, 'but we are not yet at the point of cutting interest rates.'
Savills upgrades UK house price forecasts, anticipating 2.5% growth this year
Lucian Cook's team now expects property values to rise in every region in 2024, with locations furthest from London holding the greatest 'capacity for growth' over the next five years.
Prime London sees ‘lacklustre’ spring property market bounce
'The outlook isn’t exactly gloomy, but neither does the warmer weather signal lift-off for the market,' says Knight Frank's Tom Bill.
Mortgage approvals climb for a sixth month
We're seeing 'increased stability seen in the mortgage markets', notes Emily Williams of Savills, but Knight Frank's Tom Bill says 'it doesn’t feel like the UK housing market is ready for take-off this…
Lloyds ups house price forecasts
Mortgage lender expects the Bank of England to cut interest rates three times by the end of this year.