Homes are ‘twice as likely to sell’ if priced right from the start
New Rightmove analysis highlights the importance of decent property pricing.
London property prices climbed by 3.6% in June – UK HPI
The latest official UK House Price Index tells us that the national average house price increased by 2.7% from May to June, taking the annual rate of property price inflation to 3.4%. A 3.6% monthly rise in London takes the annual change to +4.2%.
What does the future of the prime residence look like? Exploring the impact of Covid-19 on luxury property development
Knight Frank has looked into how Covid-19 is accelerating design trends and impacting housing delivery, suggesting some key evolutions for the future of the global prime residence.
New instructions surge in Prime London amid ‘surprisingly busy’ summer sales market
More properties are also going under offer, but it’ll take another month or two before we start to see any annual growth in deal volumes, reports LonRes…
Mayor Khan pitches two-year rent freeze for London
Sadiq Khan is angling for new devolved powers that would allow City Hall to control rents in London.
Students return to bolster Prime Central London’s rental market
Domestic and international students account for a quarter of all Dexters’ tenant applications in central London, rising to well over two-thirds in some educational enclaves; the estate agency has ranked which locations are most popular for this important chunk of the capital’s rental market.
More renters are looking to the Home Counties for a quieter life
The UK’s new rental hotspots are in quieter locations further from from traditional commuter hubs, says Rightmove.
Ranked: Which areas are seeing the biggest price reductions?
Estate agency comparison website GetAgent has checked the major property portals to see where asking prices have been cut by more than 15%.
CEBR predicts 14% fall for UK house prices next year
Economists warn of a “significant fall” for house prices as wider economic turmoil catches up with the property market.
‘Window of opportunity’ narrowing for international buyers, warns agency
Knight Frank expects demand from overseas purchasers to improve in coming months, but there are ‘multiple moving parts to evaluate’
‘Renters have joined homeowners in the race for space by rushing to the suburbs’ – Hamptons
Hamptons has seen a rise in the number of renters moving out of London in search of more space.
UK house prices hit a four-year high as demand for outside space continues to climb
“The latest RICS survey provides firm evidence of a strong uplift in activity in the housing market which should help support the wider economy gain traction over the coming months,” says RICS’ Chief Economist Simon Rubinsohn. “More of a concern is the pick-up in prices which could intensify issues around affordability in some parts of the country.”