The Market
Interest rates rise again, to 4.25%: Industry reactions
The Bank of England's Monetary Policy Committee has raised the base rate for the 11th month in a row.
Price sensitive buyers’ market across most of the UK – Garrington
'The spring market is likely to be markedly different from the conditions experienced just a year ago, but nonetheless much improved from what was being forecasted at the end of last year,' says national…
Buyer & seller sentiment steady as market rebalances
February felt like 'business as usual' for the housing market, says OnTheMarket.
£8bn of capital heading for UK’s single family housing sector
'Single family housing is anticipated to play a far more significant role both in housing delivery and institutional real estate portfolios over the coming years,' predicts Knight Frank, as investment…
House prices dropped 1.1% in January – official data
The property market continued to cool in January, according to the latest UK House Price Index.
Foxtons chief: ‘We’re not seeing a crash in any way, shape or form’
Buyer numbers have recovered after dropping off by up to 50% in the wake of the mini-Budget last year, says Guy Gittins.
Activity levels plummet in London’s high-end rental market
Tax changes aimed at buy-to-let investors have hit the sector, says LonRes.
Estate agents report ‘robust’ sales market despite ‘doomy whispers’
Buyer demand is rising and stock levels are improving and transactions numbers are 'steady', according to the latest property market sit-rep from Propertymark.
Transactions & reactions: Latest HMRC data shows impact of mini-Budget ‘hangover’
Commentators weigh in as effects of mortgage and interest rate hikes start to filter through to the official stats.
Consultation launched on new Infrastructure Levy to replace S106
Proposals suggest a ten-year 'test and learn' period, with the new property development tax being rolled out in a few local areas first.
Demand for development land stalls as borrowing costs climb
'The residential development land market has changed completely in the last year,' says Patrick Eve of Savills.
‘A radical metamorphosis’: Seven-star new-builds dominating Mayfair sales market after luxury building boom
High-end new-builds accounted for more than two-thirds of sales in the iconic neighbourhood last year.