The Market
Buyers spent a record-breaking £11.6bn on prime London property last year
Buyers ‘bought bigger and spent more’ in 2021, reports LonRes - and sales volumes are set to surge again over the coming weeks…
Colliers predicts a return to more normal house price growth
"Following a bit of an exodus from cities during the pandemic we saw prices in regional areas start to soar, but that will stabilise this year," predicts Colliers' Head of Residential - "although areas…
Second home tax loophole closed
New rules mean holiday lets must be rented out for a minimum of 70 days a year to qualify for lower local tax rates.
Holiday lets boom ‘crippling’ local rental markets
Countryside charity CPRE estimates there has been a 1,000% increase in homes listed for short-term let across the UK over the last five years
Watch: Hollinrake proposes a new wealth tax on non-resident property owners
MP and former estate agency boss Kevin Hollinrake has outlined a series of proposals to make Britain's housing market more fair and equitable - including a new wealth tax on overseas buyers of UK property.
Government launches new biodiversity net gain consultation
Latest proposals are designed to ensure developments are ‘nature positive’, with biodiversity gain ‘at the heart of all decision-making and design’
London & Cornwall vie to be Britain’s most searched-for property location
Rightmove recorded just 3% more property searches in London than in Cornwall through 2021, compared to a gap of 24% in 2020, and 49% in 2019.
Super-prime buyers splash out on north London’s park-side mansions
The handful of large houses in the capital with direct access to parkland are in huge demand, reports Arlington Residential, after selling a £22m example in Primrose Hill
King’s Cross & Bayswater among top rental hotspots for 2022
King’s Cross witnessed the highest growth in rental values last year, followed by Bayswater, but which other areas of London are tipped to outperform in the year ahead?
Government opens important leasehold reform consultation
"The current leasehold system is outdated, unbalanced and broken and we are determined to fix it," says Leasehold Minister, Lord Stephen Greenhalgh.
Lucian Cook on house price forecasts: Deciphering the messages in 2022
Savills' head of residential research reflects on how forecasters translate actions and events into numbers and trends to come up with property market predictions for the year ahead.
Market correction coming if interest rates keep rising, says top economist
‘If interest rates are going to have to rise a fair bit, then a correction is to be expected, if not sooner then later’, warns Capital Economics boss Roger Bootle