The Market
New crackdown on PCL’s empty homes
Westminster is rolling out a series of new measures to discourage the purchase of holiday homes or 'buy to leave’ investments.
Foreign investment in London property remains well below pre-pandemic levels, despite a surge in dollar-buyers
Dollar-based buyers enjoyed significant currency discounts on homes in London last year, but demand from European and Middle Eastern buyers remains low.
Mapped: Britain’s £1mn-plus property hotspots
The number of £1mn-plus homes has rocketed by around 40% since 2019, reports Savills.
Buying agency reports ‘improving levels of cautious optimism’ amongst home-movers
'Whilst the prime property market has healthy levels of activity it nonetheless remains incredibly price sensitive,' says Garrington.
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 JLL, Knight Frank, Halifax, Zoopla, Savills, the Bank of England & more...
Relative Values: How many square metres of luxury real estate will $1mn buy in the world’s UHNW hubs?
Knight Frank illustrates how far US$1 million will stretch when it comes to prime residential property from Monaco and New York to Cape Town and Mumbai.
Boost for prime country market as buyers spring into action
Following a bumper 2022, Savills has registered the highest number of buyers looking for £5m-plus homes since its analysis began.
Neil Short: Key trends to watch in the PCL lettings market this year
JLL’s PCL lettings boss summarises the big themes at play in the rental market right now, and the four main priorities for tenants...
Mortgage lending falls again as the housing market ‘suffers a prolonged hangover from the mini-Budget’
'There remains a huge amount of nervousness among borrowers, who aren't sure which way mortgage rates are likely to move next,' comments Knight Frank Finance on the latest BoE mortgage lending data.
Where Next? The prime global cities tipped for strong property price growth in 2023
Knight Frank's Kate Everett-Allen assesses what lies ahead for the world’s top luxury residential markets, and highlights the key trends set to shape their performance.
Ranked: The world’s ultra-prime & super-prime property hotspots
London and New York continue to lead for ultra-prime home sales - above US$25mn - according to Knight Frank's just-published Wealth Report 2023.
PCL agency reports flurry of enquiries as buyers make their move
2023's purchasers are falling into two categories, says buying firm Eccord.