The Market
‘Historic value’ lures next-gen buyers to London’s trophy postcodes
As property sales falter across prime London, Savills has flagged a rise in wealthy buyers aged under 30.
SW London property markets outshine ‘subdued’ PCL heartlands
Latest JLL data flags how areas like Battersea & Wandsworth are defying the wider downturn as buyers expand their horizons.
Industry Reactions: BoE data reveal another rise in mortgage lending
'The market appears to be back on track,' says one property portal boss.
Zoopla cuts house price forecast despite ‘surge’ in market activity
'Low house price inflation is not a bad thing,' says property portal - 'so long as there is enough market confidence for people to list their homes and make bids to buy homes'
‘Don’t tell me you love me, show me’: On the growing pushback against Labour’s non-dom overhaul
A House of Lords event last week underlined growing disquiet over the government’s non-dom tax reforms, reports Knight Frank's Tom Bill - but any new direction on policy may have to wait until the autumn.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest market movements & commentary, featuring data and analysis from Savills, Rightmove, Beauchamp Estates, Sotheby's International Realty, Knight Frank, Hamptons…
‘The London market has turned a corner,’ reports super-prime agency despite slump in £15mn+ sales
41% fewer ultra-prime sales were agreed in Prime Central London in the first half of this year compared to 2024, but Beauchamp Estates thinks the market is now 'levelling out'.
The Times: Is London’s housing market on the edge of freefall?
PCL agents report steep ultra-prime slowdown as tax changes drive flight of international buyers.
Postcard from Scotland: ‘Steady as she goes’ across a tapestry of diverse local markets
The Scottish property market is in a 'period of relative calm,' says John McHugh of DM Hall - but 'there lies significant potential for those ready to navigate its many nuances.'
‘A lot has changed over the last six months’: Savills slashes 2025’s house price growth forecast
But the five-year outlook for the mainstream market has been slightly upgraded.
‘Minor price reductions no longer sway buyers; instead, decisive cuts are what’s driving transactions’ – Garrington
'Significant reductions are an increasingly accepted part of prime deals,' says top buying agency.
Development land market running ‘slower than expected’
Positivity around planning reform has not led to more site acquisitions, reported Savills.