The Market
PCL rental stock has dropped 75% as tenants return to town
“The recovery of the rental market has led to a shift in tenant profiles,” says LCP boss Andrew Weir, “as older tenants return to the office and outcompete young professionals and students.“
Housing market moves towards a ‘new normal’ after two years of volatility
HMRC's latest property transaction figures show the market settling into a "new normal", after two years of Covid-induced volatility.
Mapped: The impact of ‘creative clusters’ on house price growth
New research has pinpointed the capital’s top ten creative hotspots with ‘room for growth’
Country house prices hit record highs as pandemic lifestyle shifts ‘feel locked in’
Prime regional house prices have finally topped their 2007 (pre-Global Financial Crisis) peak, says Knight Frank, and "there remains headroom for future growth".
Charlie Wells on the enduring appeal of the Cotswolds
Buying agent Charlie Wells explains why the Cotswolds has become one of the hottest property markets in the UK - and why this near-800 square mile swathe of golden stone and rolling hills is not all about …
Prime London ‘looking strong’ as spring market blooms
‘While a lack of stock continues to be a problem, it seems buyers are buying’, reports LonRes
What is driving the unprecedented demand for PCL real estate?
As clients compare bricks and mortar around the world, Central London looks better value than almost any other major city, says Ollie Marshall
‘Strongest ever’ start to the year for London’s £5mn+ property market
128 London homes changes hands for more than £5mn in the opening three months of the year; 25% more than in Q1 2021, and 24% more than in Q1 2020.
‘A welcome shift towards more balanced conditions’ as property market returns towards pre-pandemic conditions
"It is encouraging to see far calmer and more consistent conditions prevailing," says Landmark Information boss.
‘Spring is in the air’ as property supply turns up – RICS
"It is encouraging that a little more stock appears to be returning to the market," says the RICS' chief economist
‘Most competitive rental market ever’ drives record rental price inflation
Average asking rents have risen by over 20% in Central London over the last year, and by 11% outside of the capital
Most Prime London homes are still being sold for less than their asking price
Prime London vendors are accepting an average of 3.6% less than their asking price, according to research by Benham and Reeves - but discounts are getting less chunky as the market bounces back.