The Market
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.
Ranked: Which areas have seen the biggest rise in the total value of housing stock over the course of the pandemic?
Only three local authority areas in England and Wales saw the total value of their housing stock fall during the pandemic period, and they're all in the capital: Westminster (-10.1%), Lambeth (-2.
Price rises are an ‘unmistakable sign of recovery’ for prime London’s property market
“We are not on the verge of the sort of dramatic double-digit bounce-back in prices,” says Tom Bill, head of UK residential research at Knight Frank.
BoE holds interest rates at a record low, despite anticipation of a rise
"We expect interest rates will need to rise modestly to return inflation to our 2% target," confirmed the MPC today.