The Market
Solicitors flag ‘a massive rise in price chipping’ as gazundering returns to the property market
Buyers are attempting to secure last-minute discounts on around 50% of house sales, suggests Osbornes Law – a practice that “has been unheard of in recent years.”
London’s super-prime rental renaissance: Why renting has become a ‘cool’ choice for the wealthy
“There has been a shift in the perception of renting in the last few years,” says Isabella Birch Reynardson, head of super-prime lettings at Savills, as she explains why tenant demand is likely to…
Stamp Duty rebates could encourage greener homes, suggests think tank
A programme of “behavioural nudges and incentives for collective action” – including property tax rebates – could promote the uptake of energy efficient tech across Britain’s housing stock, says…
Tenancy renewals climb in the ‘Big Stay Put’
A continued mismatch between rental property supply and demand is encouraging more tenants to renew contracts, says Propertymark.
Monday Market Review: Key figures and findings from the last seven days (w/c 15.08.22)
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Propertymark, Knight Frank, Foxtons, GetAgent, the ONS & more…
‘Rental stock slump is close to bottoming out’ – Hamptons
City centre rents are rising fast as stock levels drop, says Hamptons, although the national headline rate of rental price inflation continues to ease.
A fifth of property sellers miss new CGT payment deadline
A Freedom of Information Request by the Financial Times has revealed a big problem with the new Capital Gains Tax timeframe...
‘The market is splintering,’ warns buying agency as buyers show ‘a heightened sense of caution’
"The UK property market has mirrored recent weather trends seen over the last month," says Garrington's research presenter, Olivia Wayne, in the buying agency's August property market snapshot - "with…
Newton’s third law & the outlook for property
In the next few months many people will be faced with tough choices, says James Wyatt - now is the time to prepare.
Country property market continues to surge as ‘more traditional rhythms’ emerge
Britain's country house market continues to romp along at pace, says Knight Frank, as "pent-up demand keeps the race for space alive.
Properties are being snapped up 42% faster compared to five years ago
The average time it takes a new property listing to find a buyer has fallen by 42% since 2016, according to some new research. But conveyancing is taking longer than ever.
41% of agents report the average property deal now takes more than four months to complete
Propertymark's July market snapshot tells of slowing buyer demand, as deals taking significantly longer to complete than in pre-pandemic times.