The Market
Local elections redraw London’s political map
Westminster Council is back in Conservative control.
One in 2,500 open-market property listings priced above £15mn
More than a fifth of current Rightmove listings in London are looking for more than £1mn.
One in four would-be sellers halt moving plans amid market uncertainty
24% of would-be home movers no longer plan to sell this year, claims research, and a further 27% are less certain about doing so than at the start of 2026.
Big-ticket London home sales slide by over a third as caution returns
Latest data: Savills says wealthy buyers are retreating towards the capital’s traditional golden postcodes, with geopolitical jitters weighing on activity.
‘Defined by caution & tight viability’: How the resi development landscape has shifted this year
Housebuilders started 2026 with some optimism, reports Oliver Knight, but that 'proved short-lived' in the face of global uncertainty, rising construction costs and escalating interest rates.
‘Short-sighted policy of trying to extract money from those with second homes is backfiring’ – claim
Colliers says double Council Tax rates are actually reducing tax revenue from holiday home properties.
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
Prime London Property Market Snapshot: Week 18, 2026
The latest data from LonRes.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
Revealed: How much the new ‘mansion tax’ will cost before implementation
The incoming High Value Council Tax Surcharge is likely to cost 'almost £400mn before a penny is collected' - then generate around £1.4bn for the national coffers in its first three years of operation.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
International demand for UK homes has dropped 10% in the last year
American interest has climbed as European demand dwindled and Middle Eastern buyer numbers dropped sharply.