The Market
London agency reports rental stock levels plummeting by 42%
There were deals to be had last year, says Chestertons, but those now looking to secure a discount are 'facing a race against time'
‘Costly & unnecessary’ Stamp Duty holiday ‘not the main cause of house price boom’ – Resolution Foundation
"Stronger forces" than the temporary tax break have been at play in the housing market over the last year, says an influential think tank - which argues that the UK's Stamp Duty holidays have been "problematic…
PCL developer reports massive spike in UAE enquiries as travel restrictions ease
‘The coming months will be dominated by eager buyers from the Middle East looking to invest in the capital,’ predicts Almacantar.
Number of £1m-plus homes jumps by 100,000
Another 98,931 properties have joined the seven-figure club in the last 12 months, according to TwentyCi
Government pitches a ‘major scaling up’ of custom & self-built homes
30-40,000 custom and self-build (CSB) homes could and should be built in the UK each year, says Richard Bacon, in a report that rails against "houses designed by accountants".
‘Signs of stabilisation’ as property supply picks up
"This month’s slight rebalance of the market is welcome news and a much-needed step in the right direction," says Propertmark's CEO, "with supply of property beginning to increase and the number of homes…
Estate agent: ‘The supercars are back’
First signs reported of wealthy Gulf buyers returning to PCL.
Stamp duty receipts above average despite holiday
Latest data shows strength of the prime market & continued interest from overseas buyers - despite the new surcharge…
London rental market resurgence ‘in full swing’
‘The tide has now turned’, declares Benham & Reeves, as values bounce and stock levels decline
Average property prices leapt 4.5% in the month before the Stamp Duty holiday deadline – UK HPI
The average UK house price increased by 13.2% in the year to June 2021, up from 9.8% in May, according to the latest official UK HPI.
Savvy investors are swimming against the tide in global cities
Those who took advantage of staggering price depreciation in some of the world’s top centres are starting to reap the rewards, writes Mickey Alam Khan…
More high-end stock going under the hammer – Knight Frank
Auctions are an increasingly popular choice for clients fed up with delays, says Knight Frank, reporting recent sales including a £1.