The Market
‘Weary’ buy-to-let sector sees lending drop 8%
The buy-to-let sector is "a tad weary," says the boss of property lender Octane Capital, as a result of what he calls a "war waged on the nation’s landlords" since 2015.
Developers scale-back tall building projects in London
The number of planning applications to build skyscrapers in London has dropped by more than 13% in the last year, according to the ninth annual London Tall Buildings Survey by New London Architecture and…
‘The ball is still firmly in the seller’s court’ as the Spring property market kicks in
"Buyers are still predominantly paying asking price and above meaning the ball is still firmly in the seller’s court," says Propertymark in its latest monthly market update.
Ground rent ban comes into force in June
"This is an important milestone in our work to fix the leasehold system and to level up home ownership," says the Leasehold Minister, Lord Stephen Greenhalgh.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest market movements in less than five minutes, featuring data and analysis from LonRes, Hamptons International, LCP, Savills, Knight Frank & Rightmove
End of the Chain? A record three-quarters of buyers are now chain-free
"The current pace of the market has put buyers with a home to sell at the back of the queue," says Hamptons' research chief.
‘Market dynamics have changed and looking at past trends may no longer be helpful’ – Garrington
"The spring market is brisk and competitive," says buying agency Garrington in its latest summary of the UK's property market.
More property market records go as asking prices hit another all-time high
"It can’t and won’t continue like this," says Tim Bannister, Rightmove’s Director of Property Data, "but with the demand and supply imbalance being so out of kilter, it looks like any substantial…
Buyers paying ‘significantly more’ for homes with low-carbon tech, says Savills, as energy prices rise
59% of home-buyers are willing to pay extra for a home that primarily uses renewable energy, according to a new survey, while a third of buyers think EPC ratings are more important now than they were a…
PCL rental stock has dropped 75% as tenants return to town
“The recovery of the rental market has led to a shift in tenant profiles,” says LCP boss Andrew Weir, “as older tenants return to the office and outcompete young professionals and students.“
Housing market moves towards a ‘new normal’ after two years of volatility
HMRC's latest property transaction figures show the market settling into a "new normal", after two years of Covid-induced volatility.
Mapped: The impact of ‘creative clusters’ on house price growth
New research has pinpointed the capital’s top ten creative hotspots with ‘room for growth’