The Market

It was 'a difficult year for the London property market,' says Benham & Reeves, yet almost 50,000 homes still changed hands in the capital through 2023 - with just two boroughs accounting for more than…

The latest survey of surveyors 'provides some grounds for encouragement around the sales market', says RICS Chief Economist Simon Rubinsohn, although house prices continued to fall in February.

Specifically targeting Prime Central London, the lender wants to help HNWIs 'take advantage of a recent uptick in listings of super prime properties for sale'.

Who are the major players, what are the premiums, and which locations are seeing the biggest growth in branded schemes?

Rental values are retreating as supply builds, reports Knight Frank's UK resi research boss.

High net worth investors view economic instability 'as an opportunity for increasing their exposure to UK property at an attractive price point,' says Investec.

Sales activity has picked up across London's prime postcodes, according to the latest weekly LonRes data.

'Landlords must adapt' to new marketing conditions, warns Foxtons, while Chestertons suggests London landlords have 'little option but to start reviewing their prices.'

100% council tax premium will come into force on 1st April.

The positive mood didn’t last long into 2024, says Knight Frank.

The official register of land ownership in England & Wales says its fee & charging structure 'hasn’t been significantly revised since the organisation’s inception in 1862.'

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Halifax, the OBR, LonRes, Knight Frank, Prime Purchase & more...