The Market
Property prices likely to rise by a third over the next ten years
Using a very long-range crystal ball, insurance website Comparethemarket is predicting that London's average property value will climb by 63% by 2040, with the UK average rising by 58%.
London market ‘gradually firming’, reports Berkeley
The influential housebuilder is on track to hit over £500m in profit this year.
£25m Surrey mansion sparks off-market bidding war
Knight Frank has tucked away £100m worth of property on the Wentworth Estate so far this year, including the spectacular Villa Oman.
Newmarket tops supply shortage hotspots as home sales surge by 79%
Rightmove has identified which locations are being hardest hit by the ongoing shortage of properties available to buy.
Mortgage approvals fall again, but remain above pre-pandemic levels
UK borrowers repaid £1.4bn of mortgage debt in July; it's only the second time in a decade that the Bank of England's data has shown a net repayment.
EPC ratings have ‘limited impact’ on house prices
Homes with an A or B EPC rating (more energy efficient) attract a mere 1.7% price premium compared to a D-rated property, according to analysis by Nationwide.
Nearly of half of UK property sales have been hit by down valuations in the last year
A London estate agency has estimated that nearly 400,000 residential transactions across the UK have been hit with a down valuation in the last year - including 59% of transactions in the capital.
Most expensive wards Vs average property prices in 18 English cities
Keller Williams UK has compared average property prices in 18 cities with average prices in their most expensive enclaves, highlighting dramatic inequalities.
Demand for pet-friendly rentals has more than doubled
Enquiries to letting agents about pet-friendly rentals has jumped by 120% since last Summer, says Rightmove, while London estate agency Chestertons says that about half the phone calls it receives are …
How priorities are changing amongst prime & super-prime buyers
Lifestyle and security are the most important elements for UHNW purchasers, writes Steve McGregor, but those things will look very different in a post-pandemic world…
‘Acute’ property stock shortage to continue into 2022 – Zoopla
“The post-pandemic ‘reassessment of home’ has further to run," says Zoopla, as the UK's property market faces its "greatest stock shortage since 2015."
Global Property Buyers in 2021: Five key stats & five future trends
Knight Frank's Global Buyer Survey 2021 tracks how the world's affluent property buyers’ priorities, motivations and attitudes are changing.