The Market
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.
Heatmapped: 2021’s regional growth patterns go into reverse
Areas of the South East - which had some of the lowest rates of growth in England & Wales last year - are seeing a revival as buyers seek out commutable locations for hybrid working
Property boom continues as average UK house price climbs 10.9% in a year – official data
London property prices jumped by 2.2% in February, as the national annual rate of house price inflation climbed to +10.9%.
Gove declares ‘a victory for leaseholders’ as major housebuilders sign building safety pledge
"This is just the beginning," says Housing Secretary Michael Gove. "We will do whatever it takes to hold industry to account, and under our new measures there will be nowhere to hide."
Slow growth predicted for development land values as building costs climb
"Developers will need to absorb new costs, and tighten margins in order to secure sites in what we expect to continue to be a competitive market," says Savills' head of regional development.
Three key themes for prime buyers to consider in the current market
2022 has so far been defined by high demand and low supply - and the return to more balanced conditions doesn’t appear imminent, writes buying agent Plum Fenton
UK house price growth to slow as cost of living bites – Knight Frank
House price inflation is likely to "unwind" back to single figures across the UK, predicts Knight Frank, although Prime Central London is set for higher price growth as global travel resumes.
PCL’s property market posts busiest Q1 in five years, but the recovery ‘may be more muted than we’d hope’ – JLL
“We still expect PCL to be one of the best performing markets in 2022, as the resurgence of the city continues," says JLL's new research chief, Marcus Dixon - although "delays in overseas buyers returning t…
Qatari buyers hone in on ‘undervalued’ PCL market
The number of London properties owned by Qatari individuals has jumped by 50% in the last three years, according to new analysis
Ranked: Which counties have the most & least properties listed for sale
Jackson-Stops has checked where house-hunters have the most and least choice...
Sellers hesitate as ‘a whiff of uncertainty’ curbs the Spring property market
The number of sellers listing their property is only growing gradually as the traditional selling season arrives, says Knight Frank's research head.
Valuation Viewpoint: A taxing time
April 2022 is time for ATED rebasing; how long can the PCL market’s strong run continue, asks James Wyatt…