The Market
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, OBR, ONS, Rightmove, Winkworth, OnTheMarket & more…
House prices to fall 9% in the next two years, predicts the OBR
The Office for Budget Responsibility expects a year's-worth of house price growth to be reset as the economy declines and mortgage rates peak at 5%.
Required Reading: The 2022 Autumn Statement for HNWIs & business owners
Mishcon de Reya highlights the key points and policies from yesterday's Autumn Statement - noting that what wasn't announced is 'arguably more interesting and revealing' than what was in Jeremy Hunt's…
Eight in-demand London villages: Hampstead outperforms as buyers search for the ‘golden formula’
New analysis ranks the eight neighbourhoods that combine "the best of city and village life".
Properties sell faster as buyers’ minds ‘focused’ by rising interest rates – OnTheMarket
'It seems astonishing that despite macroeconomic headwinds, and predictions from many estate agents that property prices will fall next year, serious sellers and buyers alike remain keen to proceed,' says…
‘It could’ve been worse’: Property industry reactions to the Autumn Statement 2022
Chancellor Hunt has slashed CGT allowances, time-limited Kwarsi Kwarteng's Stamp Duty cuts, and subjected many more people to the top rate of Income Tax - but the run of tax increases come will come into…
Chancellor Hunt hikes taxes; plans to roll back recent Stamp Duty cuts in 2025
Today's Autumn Statement represents 'a substantial tax increase', admits Chancellor Jeremy Hunt, targeting 'those with the broadest shoulders'.
Supply and demand dip as property market chills
'We are on the cusp of seeing the sales market hand back purchasing power to buyers,' says Propertymak, 'which is a trend we haven’t seen in months as the market was very much in the seller’s favour.
Something in the water: Assessing England’s spa town premium
Spa towns have become some of the UK’s most sought after places to live, reports Savills, with premiums reaching over 130% above the country average.
House price growth slows further, to +9.5% – UK HPI
London no longer has the lowest annual rate of house price growth of any UK region, according to the latest official index.
Under-offer numbers down in Prime London as buyers & sellers put their moves on hold
The number of properties put under offer last month was below the pre-pandemic average for the first time since June 2020, while fall-throughs were up by 80%...
A fifth of landlords plan to reduce portfolio size as costs of living rise, claims research
'Landlords are making significant adjustments to their portfolios to cater for the fast-changing macroeconomic environment,' says Handelsbanken.