The Market
Mortgage lending rises back above pre-pandemic levels
Net borrowing of mortgage debt by individuals increased to £7.4bn in May from £4.2bn in April, according to the Bank of England's Money & Credit data. This is above the pre-pandemic average of £4.
Monday Market Review: Key figures and findings from the last seven days (w/c 27.06.22)
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from JLL, Zoopla, Benham & Reeves, Jackson-Stops, Knight Frank & more…
Government moots multi-generational mortgages
50-year mortgage terms could allow inherited debt and prop-up house price inflation.
Buyer demand builds in Prime Central London
Property prices dipped in PCL in Q2, reports JLL - but the estate agency has seen a sharp rise in potential buyers registering with its central London offices.
House price growth slows to lowest level since December 2019 – Zoopla
After two years of unprecedented growth, it looks like house price inflation is losing momentum.
Right now, even the fence is creaking: Why investors cannot sit-out this market downturn
We are in a new era where to batten down the hatches and hide entirely is no longer a viable option, says Ollie Marshall - and some may feel that sitting in a house is safer than being perched on the…
The anatomy of a housing market downturn
Property markets "tend to follow a predictable sequence in downturns," says Capital Economics - and the pattern has already started in the UK and USA.
Second homes account for 29% of London property transactions
“Some may frown upon second home owners, but the fact of the matter is that the vast majority are buy-to-let landlords, not high-end homeowners restricting stock availability by purchasing rarely used…
Why opportunities are on the rise for London landlords
Since the first shoots of recovery were spotted in prime London’s rental market back in the spring, stock levels have tumbled and demand has soared - and prices are headed in one direction…
Government launches review of holiday lets
Spot checks and a kitemark quality scheme are floated as the government looks "to improve the holiday letting market for those living in popular tourism destinations."
The number of holiday-let homes has surged 40% in three years
Scarborough has been the biggest rise in the number of holiday lets since 2018, according to BBC analysis, followed by North Devon and East Suffolk.
Rents bounce back in prime global cities as supply falls short
Knight Frank's latest index "confirms the extent to which top tier cities are seeing demand return and stock dwindle as workers, along with international students and corporate tenants return to the prime…