The Market
‘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.
Giles Barrett: On the fragmentation of the property market
'I just looked at the leading portal for ‘Notting Hill properties launched within the last 7 days’; from the 72 new listings, there were 34 different agents.
Government revamps move to phase out ‘feudal’ leasehold regime
Michael Gove's new Leasehold Bill could mean all new houses must be sold as freeholds.
Tom Bill: Election countdown begins for UK housing market
Discussions around support for buyers, stamp duty cuts and the Renters Reform Bill are becoming more hypothetical as the general election approaches.
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, Foxtons, Propertymark, Benham & Reeves, Savills, Foxtons & more...
Value of the UK’s Build-to-Rent sector set to almost double in the next five years
'The UK’s BTR sector is experiencing a remarkable surge in overall worth,' says Knight Frank.
‘It’s clear that London is being driven by the £1mn+ market at present’
There are 19,116 properties currently listed for sale across London for at least £1mn - representing 19% of total market stock.
Prime property market paralysis: On navigating the buyer-seller standoff
Right now we appear to have an impasse, with buyers trying to time the market and sellers too nervous to test it - but how long are both sides prepared to wait?
House prices to continue falling through 2024, predicts Lloyds
Average property values will be 7% lower at the end of 2024 than at the start of 2023, says major mortgage lender.
London’s property market has ‘turned a corner’, says Foxtons
Estate agency expects the market 'to finish on a positive note by the end of the year'.