The Market
Interest rates held at 5.25% – Bank of England
Widely-anticipated decision sees interest rates held steady again.
Currency Matters: Chart analysis suggests we could see a property market bounce as early as February
Applying the kind of long-term analysis used in the financial world indicates the UK housing market is approaching a pivotal moment, explains David Huggett...
‘UK property is the darling of GCC investor portfolios’
The majority of high net worth investors from Saudi Arabia, Qatar and the UAE say their confidence in the UK property market has increased over the last 12 months, reports Al Rayan Bank.
Bridging loan activity bounces back
Short-term property lending has increased, while the traditional mortgage market has slumped in the face of rising interest rates.
Continued global luxury house price growth ‘shouldn’t be overstated’
Two-thirds of cities tracked by Knight Frank's Prime Global Cities Index have seen property values increase through the last year.
Prime London Property Market Snapshot: Week 43, 2023
Negative numbers abound in our latest weekly sit rep for the prime London property market.
Transaction numbers fell again in September – HMRC data
'Transaction levels continue to be subdued as buyers remain cautious,' comments Savills.
Property prices to bottom-out in 2024, predicts JLL
Property firm expects 'a gradual improvement in the economy' and highlights 'a positive outlook for the residential sector' - despite a 'significant undersupply of homes' that's set to 'worsen further'…
‘A mess in search of a solution’: What can be done to fix our dysfunctional rental market?
It must be obvious that the current situation is bad for everyone, writes Property Vision's Charlie Ellingworth.
‘Removal of anonymity’ & sanctions behind PCL’s high-end sales slide, suggests accountancy firm
Sales of £5mn-plus properties in the traditional prime resi heartlands look to have plummeted by a third in the past year.
No Autumn bounce for mortgage lending
BoE data shows a continued decline in mortgage lending activity through September.
Zoopla expects average house prices to fall 2% in 2024
'The risk of a major collapse in house prices is becoming less of a concern,' says Zoopla, although some areas could see a 5% decline next year.