The Market
Interest rate rise ‘motivates two-thirds of home movers to act now’, claims estate agency
Rising mortgage rates are "driving homeowners to sell now rather than wait until 2023," says Jackson-Stops, noting that this is "boosting housing stock across the country and in turn, helping to balance…
Labour sets ambition to raise UK home ownership to 70%
Home ownership is "the bedrock of security and aspiration," says Keir Starmer.
Welsh Government updates Land Transaction Tax rates
Wales is cutting the Land Transaction Tax for lower-value homes, while raising rates for properties above £345k (the top c.15% of the market).
Ollie Marshall: How the past few years have created a ‘perfect storm’ for dollar-based purchasers
Neighbourhoods with the greatest international appeal are likely to outgun mainstream UK markets for the foreseeable future.
One in three high-value homebuyers now buys beyond London
"The days of London being the default location of choice for high-value house purchases are increasingly behind us," says Search Acumen boss Andy Sommerville, "as big spending homebuyers look to invest…
Rich pickings for US buyers in Knightsbridge, Chelsea & Notting Hill as sterling takes a pounding
It may be world famous as a luxury retail destination, but Knightsbridge has emerged as the discount capital of PCL for dollar-based property buyers.
Major mortgage lenders pull products amidst market turmoil
Virgin Money, Halifax and the Skipton Building Society are amongst those to have pulled mortgage products.
Wealthy dollar buyers pounce on London property as sterling slumps
Top-end London property brokers are enjoying a bonanza of urgent interest from wealthy international buyers with US dollars to spend, looking to take advantage of a significant currency discount.
‘Surprisingly resilient’ property market as supply returns to pre-pandemic levels – Rightmove
Asking prices continue to climb despite mounting economic pressures, reports Britain's biggest property portal.
Required Reading: Kwarteng’s ‘mini-Budget’ for HNWIs & business owners
Mishcon de Reya's team of legal experts talks us through some of the key policy announcements in last week's big fiscal event.
Kwarteng’s tax cuts ‘will boost London housing market deals by up to 30%’ predicts top estate agency
Dexters' boss Andy Shepherd is very bullish about the capital's property market prospects.
Westminster launches ‘war on dirty money’
Officials are increasingly concerned about the 'explosion' in overseas investment into the PCL property market over the last decade.