The Market
Stock shortage thwarts home-buying activity
Surveyors reported a small dip in sales volumes despite rising buyer enquiries in October, as house-hunters struggled to find suitable homes to buy.
Heatmapped: ‘The general picture is one of a slowing market’
The annual rate of inflation across England & Wales has slipped to 4.1%, reports Acadata, but ‘there will be no price collapse as some had previously suggested’
Winkworth boss: ‘We may have passed peak country’
There are people returning to Notting Hill because they thought rural life would be like Soho Farmhouse, says Dominic Agace.
Ranked: Britain’s hottest buyers’ & sellers’ property markets
Two-thirds of homes listed for sale on Rightmove are already marked as Sold Subject to Contract, up from around half last Autumn.
Savills forecasts: Prime property markets to outperform over five years; PCL prices tipped for 8% growth in 2022
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.
Construction supply chain issues ‘are going to significantly impact the delivery of completed new homes’
“Build cost inflation is the most talked about topic in the land market at the moment, and it is anticipated that this will not ease in the short term," warns Knight Frank.
Cladding: Why do leaseholders have to pay at all, asks Housing Secretary Gove
"I'm still unhappy with the principle of leaseholders having to pay at all" for the cladding scandal, said Michael Gove yesterday. "My questions is why do they have to pay at all?"
PCL property prices set to rise 5-10% in 2022, predicts Strutt & Parker
National estate agency Strutts is forecasting price growth of between 20% and 35% by 2025 across the UK, and somewhere between 15% and 35% over five years in Prime Central London.
‘The labour of the last ten years is about to bear fruit’: On the remarkable reinvention of Belgravia
After decades of sporadic development, all four corners of the famous PCL district are being transformed as a raft of ‘landmark’ projects finally take shape.
Interest rates: why the era of cheap money is finally ending
John Whittaker explains why the future will be tougher thanks to higher interest rates, or higher inflation, or both…
High-end sales surge boosts stamp duty receipts
Latest quarterly stats from HMRC signal 'significant' activity at the top-end - and reveal the impact of the recently-introduced overseas buyer surcharge...
Prime London rents rise at fastest rate since 2011
“It’s been an extraordinary period for the whole market in PCL,” says David Mumby, head of Prime Central London lettings at Knight Frank.