The Market
May & June will be defining months in the 2023 market
Buying agents Richard & Sophie Rogerson on navigating a new normal in Prime London...
PCL sales tumble by a fifth – but ‘taking a longer-term view shows a different picture’
JLL's Prime Central London index for Q1 2023 tells of a 4.3% annual decline in achieved sold prices, and a 5.5% increase in achieved rents.
Housing market green shoots increasingly evident – OnTheMarket
Medium-term confidence increased amongst buyers & sellers in March, although far fewer properties are selling in the 'magic' 30-day window.
St John’s Wood property agency chalks up £50mn American deal-run
Aston Chase recently sold six big-ticket North London homes to wealthy American families, as dollar-toting buyers took advantage of currency discounts.
‘Demand in the super-prime rental market is driving a new dedicated advisor’
Buying agents are de rigeur at the top-end of the sales market, but increasing numbers of HNW tenants are retaining specialists to find their next home and streamline the moving process, says DDRE Global's Alex…
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 Chestertons, RICS, Rightmove, CBRE, Savills & more...
Retirees drive landlord sales as BtL demographics shift ‘irrespective of the tax or regulatory changes’
Hamptons estimates that around 140,000 landlords retired in 2022, accounting for nearly three-quarters (73%) of all landlord sales.
Estate agency heralds ‘good news for London renters’ as lettings supply improves
Chestertons has nearly a third more rental stock on its books now than at this time last year - but tenant demand is still running hot.
New short-let rules floated, requiring planning permission for holiday rentals
The government is pressing on with plans to regulate the holiday rental market, suggesting a new planning use class for short-term rentals, and a register of to keep track of them.
Property market ‘remains downbeat overall’ – RICS
Surveyors expect the weak sales market to continue for 'a while longer', before more stability returns.
Agreed sales tally recovers to pre-pandemic levels
Rightmove's latest data points to a return to some kind of normalcy for the property market...
Farmland values hit record high as investors pile in
Private and institutional investors bought a third of all the farms sold in 2022 – the highest level for at least a decade - and there's no sign of demand weakening.