The Market
BoE considers withdrawal of mortgage affordability test, as rates set to rise
“Letting people borrow more money looks like a risky move at a time when house prices are sky high and the outlook is uncertain," comments one analyst as the Bank of England opens a consultation on loosening…
Mortgage lending rises
January's mortgage lending data shows activity is running above pre-pandemic levels.
PCL buying agency ‘inundated’ as city living regains appeal
The great retreat from urban life appears to have gone into reverse, says Black Brick
‘There will be nowhere to hide’: Government fast-tracks Economic Crime Bill & register of overseas property owners
"Time is up for Putin's cronies hiding dirty money in the UK and this new legislation will help to crack down on economic crime, including removing key barriers to using Unexplained Wealth Orders," says…
Heatmapped: London property prices set to rise 19% in the next five years; rents by 14% – CBRE
CBRE's eighth annual "borough-by-borough" research report tracks property market, demographic and lifestyle trends across the capital.
Rental supply shortage to continue, but the pendulum ‘seems to have fallen from the height of its swing’
Prices are expected to stay at increased levels whilst demand remains a major factor, says John D Wood
Record year for Scottish estate sales, as climate action drives demand
A record £250mn was spent on Scottish estate acquisitions last year, reports Strutt & Parker.
Institutional resi investment ‘comes of age’ in Europe
“Europe’s multifamily market has grown from a small, geographically concentrated, and arguably simplistic market to an asset class and investment opportunity with more depth and complexity than ever…
What might new UK sanctions against Russia mean for London’s property market?
Economic sanctions against Russia "will have very little impact on the prime property market", suggest top luxury property brokers.
UK’s CGT bills leap 20% to hit record £12.9bn
The sharp rise was partly driven by buy-to-let property investors cashing in on the fast-rising housing market
London’s Red Squares: Exploring the capital’s hotspots for HNW Russian property buyers
"An attraction of the UK as a whole for Russian buyers was that they felt their assets were safe here," says estate agency boss Mark Pollack.
Average time to sell drops below 250 days
Market delays brought on by a 'perfect storm' appear to be clearing