The Market
Official Data: House prices rise for sixth consecutive month
Property industry reactions to the latest UK House Price Index, featuring insights from Chestertons, Foxtons, Fine & Country, Propertymark, SPF Private Clients and more.
Emma Fildes: Observations from the field
Market indices have given sellers false hope, reports buying agent Emma Fildes, and there is an air of desperation amongst those who went too big on price before the summer.
Prime London Property Market Snapshot: Week 37, 2024
A flurry of price cuts in the capital's high-value property markets.
Behind the numbers: How many non-doms will be affected by next year’s changes?
Savills estimates that 22,100 non-doms are likely to be exposed to proposed tax changes.
Prime London rents are now more than 30% above their pre-pandemic average
Annual growth moved upwards to 2.6% last month, reports LonRes.
UK market ‘is becoming more free flowing,’ says buying agency – but ‘it is far too soon to call this a full recovery’
'With many buyers spoilt for choice and sellers keen to get a deal done, generous discounts are still achievable for buyers who do their homework and negotiate effectively,' says Garrington.
‘An unsettled summer’: London’s prime sales market slows but ‘underlying demand is holding up reasonably well’
Even by usual summer holiday standards, August was a quiet one in the prime postcodes, reports LonRes.
Understanding supply & demand in the PCL rental market
Jessica Tomlinson explains what's been driving the big swings in rental market conditions over the past five years, and the impact on values.
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 Savills, Knight Frank, Rightmove, Zoopla & more...
‘Autumn action starts early,’ says Rightmove but ‘beneath the surface the market remains cautious’
Asking prices have jumped up by twice as mush as the long-run average for this time of year.
North-South rental divide narrows to closest point in a decade
The pace of annual rental growth across the UK has eased from +12% in August last year to +5% last month, but Hamptons points to some pronounced regional differences.
London letting agent shines a light on the ‘uphill struggle’ against rental fraud
'Whilst digital and AI technology has evolved rapidly, rogue tenants have also evolved with it, becoming increasingly more inventive in how they trick the system,' warns Benham and Reeves.