The Market
Mortgage lending set to ‘return to more stable levels of activity’ after 2021’s surge – UK Finance
"The outlook for the housing and mortgage markets over the next two years is for a return to more stable, balanced picture following the upheavals of the last two years," predicts banking trade body…
‘My advice to anyone thinking of exiting the London market is to do so ASAP’, says Cluttons resi boss
"We could see prices drop as much as 10%" next year, warns James Hyman, head of residential at estate agency Cluttons, as he shares his predictions for London's property market in 2022.
‘Rents in Inner London are on track to reach pre-pandemic levels by the middle of 2022’ – Hamptons
"Rents in Inner London are on track to reach pre-pandemic levels by the middle of 2022," says Hamptons.
A ‘normal market beckons’ says Rightmove, as asking prices dip
2022 will be "closer to normal market conditions", says Rightmove, as it predicts 5% property price inflation over the next 12 months.
Prime Central London sales pipeline hits ten-year high
The number of offers accepted in November was 116% up on the same month last year, reports Knight Frank, but uncertainty over the new variant is keeping some overseas buyers away
‘Next year will see super-prime return with a bang’ & other property market predictions from a top buying agent
Edward Heaton, founder and managing partner of buying agency Heaton & Partners, shares his top property market predictions for the year ahead.
House prices are still growing across England & Wales, albeit slower
Wales has been at the top of the annual price growth league for five months now, reports Acadata
Entire home Airbnb listings in London have increased by 571% in 5 years: new research
Governments planning on introducing significant rental reforms need to ensure that further properties are not lost from the residential sector, writes Tom Simcock
Capital Gains Tax should be extended to nearly all homes, argues top think tank; here’s how it could work
Home-owners have benefitted from an "unearned, unequal and untaxed £3 trillion capital gains windfall" over the last 20 years, says the Resolution Foundation;
London market regains ground as buyers return from the country
The capital’s share of sales agreed above £1m has reached it highest level since April 2020, reports Savills
Property sales falter as supply drought continues – RICS
“Unless this trend is reversed soon, transaction levels may flatline in 2022 with limited choice proving more significant than any shift in the interest rate environment for new buyers," warns the Royal…
Lodha UK celebrates ‘extraordinary’ £310m super-prime sales spree on Grosvenor Square
Over £310 million-worth of apartments were sold in just seven weeks at Lodha UK's flagship development in Mayfair - at an average price of over £24m.