The Market
Resi land values soften amid housing market uncertainty
The market backdrop remains challenging, but there are some early signs that activity is picking up.
Confidence amongst top-end home-movers has bounced back to where it was in early 2022
Savills has surveyed 1,200 prospective prime property buyers and sellers to see how attitudes have shifted in the last year.
No fines have been issued for failing to comply with the Register of Overseas Entities, yet
But the government says it is "currently building cases against companies who have failed to register by the deadline, working with law enforcement to prioritise action against the most egregious offenders
Asking prices nudge upwards as deal numbers recover
The property market is showing "unseasonal pricing restraint", says Rightmove as the average UK asking price rises by just 0.2% in the last month.
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 LonRes, ONS, Foxtons, JLL, Arcadis, OnTheMarket & more...
‘Lower-value markets are holding up better than expected’
The chaos that followed the mini-Budget affected UK property markets at all price points, says Knight Frank's Tom Bill - and all sectors now seem to be recovering.
PCL’s ‘uber-tenants’ budgeting up to £100k per week
Super-rich renters are setting new records in the capital's top neighbourhoods, reports boutique agency.
Sellers behaving badly: Buying agency warns of ‘an increasing trend towards vendors changing the goalposts at the last moment’
Bill Spreckley of Stacks Property Search has some sage advice for house-hunters dealing with tricky vendors.
London rents fall as supply improves
London's average weekly rent fell 4% last month, says Foxtons. But rental prices are still 14% higher than at this time last year.
Ranked: Britain’s overseas buyer hotspots
The number of foreign buyers entering the property market across England and Wales increased by 3.2% over the last year - with some areas seeing surges of up to 18.8%.
House prices & transaction volumes continue to fall – official data
Industry Reactions: Property insiders weigh-in on the latest UK HPI, which tells of another fall for property prices in February
London’s runaway top-end market falters
But a surge in under-offers could see a bounce-back in Q2.