The Market
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…
Gove addresses building owners as safety reforms come into force
“Today marks a major turning point for building safety in this country, as we introduce a tough new regime to make homes safe and help rid the sector of bad practice once and for all," says Levelling…
Demand for prime London property bounces back as top-end buyers return
"We’ve seen a real mark of intent from high-end buyers" in prime London, says estate agency boss, as demand climbs after slow start to the year.
Monday Market Review: Key figures and findings from the last seven days (w/c 20.06.22)
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Bricks & Logic, Propertymark, Chestertons, OnTheMarket, Knight Frank & more…
Russell Simpson’s Charlie Woods on navigating turbulent markets
Charlie Woods, head of the lettings department at longstanding RBKC agency Russell Simpson, reflects on the turmoil of the last two years, and predicts where the prime rental market is headed next……
Knight Frank raises property price forecasts as supply stays low
“House price growth is peaking as supply rebuilds and mortgage rates normalise," says Knight Frank's research chief, Tom Bill.
11% of homes listed for sale find a buyer with 14 days
GetAgent reckons some areas are seeing one in every five new property listings find a buyer within a fortnight.
Short lets could need planning permission under new devolution proposal
"I understand that regional mayors may soon be given the power to ban properties from being used as short-term lets," writes James Forsyth, political editor of The Spectator, in The Times.
‘No sign from agents that the good times have yet ended’ – Propertymark
Estate agents "continue to report a strong, stable market," says Propertymark, with 78% of sales being agreed above asking price.
Buyer demand still surging in London, reports major agency
’Unsatisfied demand’ is putting further pressure on prices, reports Chestertons, after another big month for buyer enquiries
Six Years On: UK Vs EU house price growth since the Brexit vote
Average house prices across the EU-27 have increased by 39% since 2016, while the UK has seen 31% growth.