The Market
‘Significant uplift’ in number of landlords selling up
Interest rate hikes, rising costs & general uncertainty have driven a 'dramatic' rise in the number of previous rental properties for sale, reports TwentyEA.
London rents hold steady as ‘peak lettings season begins in earnest’
Tenant demand has jumped 15% in the last month, reoports Foxtons, but remains lower than at this time last year.
Property Industry Reactions: Housing headlines King’s Speech
“My ministers will get Britain building, including through planning reform, as they seek to accelerate the delivery of high quality infrastructure and housing,” said King Charles.
11 Graphs: Performance & key trends in the new-build Prime Central London market
Buyers seeking a best-in-class new-build face rapidly dwindling options in London's most desirable neighbourhoods, new research suggests.
UK HPI: House prices increased by 2.2% in the year to May
London property values have increased for the first time on an annual basis since May 2023.
Prime London Property Market Snapshot: Week 28, 2024
Things continue to be relatively quiet in Prime Central London, with less home-buying and selling activity taking place in Week 28 2024 compared to the same seven day period in previous years
Luxury property values soar by a fifth on the French Riviera as international buyers return
Large oceanfront villas are now commanding an average value of over £20mn, higher than an equivalent residence in London’s St John’s Wood or a townhouse in Mayfair, as more UHNWIs opt for sunny wealth hubs…
‘The very best homes in Grosvenor Square are achieving £10k psf’: Peter Wetherell on how Mayfair’s super-prime market is faring
Luxury agency boss reveals what's been selling & who's been buying in London's most exclusive neighbourhood this year.
Completion rates running 40% below normal – Landmark
UK property market stagnated in H1 despite the strongest supply in years, reports data firm.
Agency reports ‘record’ super-prime spending in Prime Central London as property market stays ‘surprisingly robust’
Wealthy buyers bought a record £439mn-worth of £10mn+ homes in the first half of this year, reports JLL, contradicting some rival market reports.
Splash the Cash: Waterfront homes attract a 48% price premium
More than half of waterside properties sold in the UK go to cash buyers, reports Knight Frank.
Housebuilders back mandatory local housing targets as land values flatline
Prime Central London land pricing has "proven more resilient" than regional sites across England, says Knight Frank.