The Market
‘London completes its rental recovery’ – Rightmove
“London asking rents have finally risen beyond pre-pandemic levels,” says Rightmove, “a sign that the capital has not lost its pull and popularity with renters.”
New Year demand for property up 50% – Zoopla
“There are signs that the imbalance between demand and supply is starting to ease,” says Zoopla in its latest market update.
Buyers splashed nearly £500m on top-end country estates last year
Sales in the 10m+/100-acre category hit their highest level in a decade in 2021, with domestic buyers dominating proceedings
‘Flying start’ to 2022 for Beauchamp’s new homes division
PCL agency hints at further expansion as new homes team secures £500m in new instructions across the UK
Prime London is ‘returning towards a pre-pandemic rental market’
London Central Portfolio saw an 11% jump in agreed rents on new tenancies in Q4 2021, "correcting the deep discounts that were granted during the same period in 2020".
Chain-free properties sell for 11% more than entangled homes
New research estimates a sizeable price premium for property sales that are not reliant o other transactions...
Pandemic ‘redraws UK house price map’
The combination of the race for space, a stamp duty holiday and an ongoing affordability squeeze has ‘altered the landscape’, says Knight Frank
Stamp Duty receipts jump to deliver record year for HMRC
SDLT & ATED raised £5bn more last year than in the previous period.
The Good, The Bad & The Ugly: What lies ahead in 2022?
London's prime property market is still facing some big challenges, but this has the potential to be a key year, writes Hugh Obbard...
Online estate agents’ market share drops overall – but rises in the £1m+ market
A "considerable underperformance" by online and hybrid agencies through last year's booming property market “will clearly raise significant interest in the viability of the business model that has failed…
Secret Agents: Quiet listings & off-market property deals have soared in the last year
More than 135,000 homes were sold without ever appearing on a property portal or being publicly advertised in 2021, according to new data, while a quarter of £1m+ sales in London were off-market deals.
‘Prime residential cities are expected to remain a safe haven in 2022’ – Savills
Savills' research team is predicting another strong year for property markets in prime global cities, with Miami and Berlin set for the highest rates of price growth in 2022.