Economics
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.
Talking Heads: What does the end of non-dom status mean for the prime property market?
As Britain's 225-year-old 'non-dom' tax regime faces abolition, we asked prime resi insiders about the potential impact on the property market and their businesses.
Jennet Siebrits: Are homeowners right to feel brighter this year?
CBRE's research chief explains what the firm's latest consumer survey tells us about sentiment, spending and savings patterns & expectations for the year ahead.
Residential construction starts ‘nosedive’
Latest data 'paints a decidedly gloomy picture,' says Glenigan.
Property market ‘marching ahead’ as buyer demand climbs – RICS
Surveyors report an 'improving outlook' for the housing market.