The Market
Tougher building safety laws ‘to make industry pay’ for the cladding scandal
"We cannot allow those who do not take building safety seriously to build homes in the future," says Housing Secretary Michael Gove, "and for those not willing to play their part they must face consequences.
London agency reports 50% surge in new buyer enquiries
It’s been a ‘truly remarkable’ start to the year, says 31-branch Chestertons
Monday Market Review: 14th Feb 2022
PrimeResi's weekly summary of key property market stories and indices.
Landlords shun older properties as energy efficiency gains value
Changes to EPC rental standards are "likely to mean older homes will become considerably less attractive to landlords," says Hamptons.
The UK’s property market is not back to normal, yet
The trajectory of the market this year is only becoming clearer gradually as it shakes off a heavier-than-expected hangover from Covid, writes Tom Bill…
PCL prices increased by 1.6% in Q4, but remain 11% below their 2015 peak
"The significant recovery in the PCL lettings market, witnessed during Q4 2021, together with the easing of the Covid travel restrictions, could be a precursor of what lies ahead for the sales market in…
Spring sales market is already blossoming, as buyer demand & property listings rise
“This spring is certainly shaping up to be a busy one," says Rightmove, "with buyer demand, new listings coming to market for sale, and valuation requests to estate agents from future sellers all continuing…
Number of £1m-plus homes hits record high
One in 42 homes in Britain is now in seven-figure territory, according to Savills
Heatmapped: South East resurgent as commuter hubs drive growth
Places like Guildford, Esher, Farnham and Horsham have seen a strong pick-up in demand from buyers who may need to travel into London a few times a week
Prime London buyer demand is running 72% above the five-year average, while property supply is 12% down
Prime London Market Snapshot: Knight Frank's latest indices tell of a significant mismatch between property supply and demand in both the sales and rental markets.
‘The outlook for both prices and rents remains a little worrisome’ – RICS
Buyer and tenant demand increased further in January, while the supply of properties for sale and rent continued to fall short.
Ten-year house price inflation data highlights North-South divide
Margate in Kent has seen the highest rate of property price inflation of any UK town over the last decade, reports Rightmove, in new data that highlights how house prices have escalated at a faster rate…