Prime London rental market ‘rebalancing’ – LCP
Key indicators including the average discount on re-lets and the time taken to find a tenant have both been falling.
Robin Gould: Why country buyers are increasingly house-led
With many buyers now free to pursue the country life, the focus falls upon the style of house and the lifestyle that it and the surrounding area has to offer, writes Robin Gould…
Asking prices climb to another record high as the property market sees its busiest ever H1
House prices are being inflated by “frenzied” buying activity and a continued shortage of properties being listed for sale. There’s a 225,000 shortfall of homes for sale, estimates Rightmove; 140,000 more sales were agreed in the first half of this year, and 85,000 fewer new listings were marketed than the long-term (2014-2019) average.
A fifth of homes have seen values rise by more than the average UK salary in the last year
Zoopla estimates that 4.6 million private homes in the UK rose in value by more than £30,500, the average UK salary, in the last year. That’s 21% of all privately owned homes in the country.
On the rise of the Eastern city & the Western suburb
Mike Staver explains the sociological factors influencing where people choose to live – and the impact of the unprecedented events of 2020…
Asking rents hit a record high outside London, as city centres start to recover
Rental properties are finding tenants faster than ever before, reports Rightmove, as record demand pushes price up.
Half of UK home-buyers who bought during pandemic regret how much they paid, claims survey
A survey by Aviva suggests that fewer than half of property buyers in last year saw their new home in person before making an offer – and that 92% of these buyers discovered problems with the property afterwards…
Agency reports £200m sales surge in St John’s Wood
HNW buyers in search of large houses and gardens have been making their way to NW8, where the supply is plentiful.
House price inflation picks back up to 10% – UK HPI
London continues to be the UK region with the lowest annual growth, for the sixth consecutive month.
Homeowners bullish on house price prospects
Three-quarters of respondents to Knight Frank’s latest sentiment survey believe the value of their home will increase within the next year, up from around half in February.
H1 sales revenues topped 2020 total, reports Winkworth
The Plc is confident that its results will exceed market expectations after an ‘exceptionally strong’ few months.
Build to Rent ‘is gaining momentum’ with £1.5bn transacted in 2021 so far
“Positive activity has continued into the BtR sector,” says CBRE. “letting activity has picked up and sentiment is strong.”