The Market
London’s royal borough price premium shrinks
The capital's three Royal Boroughs - Kensington & Chelsea, Kingston and Greenwich - have underperformed Greater London's average property price growth over the last five years.
Buyer Beware: On the exorbitant cost of building works
Brexit and Covid have utterly changed the landscape in terms of what it costs to renovate a property - but the marketplace remains massively underprepared and ill-informed, warns buying agent Guy Meacock……
Treasury publishes draft Residential Property Developer Tax legislation
Proposed new tax rates targeting major housebuilders are due to bee confirmed in the Autumn Budget.
Buyers are facing the most competitive property market on record – Rightmove
Asking prices have reached an all-time high, says Rightmove, as competition among potential buyers to secure their next home is now more than double what it was this time in 2019.
August record for above-asking deals
37% of sales agreed in August were for more than the original asking price, reports Propertymark, as demand continues to rise and supply to fall.
The average pandemic home-seller made a six-figure profit
Savills has looked into how much "profit" people made from selling their home during the pandemic, thanks to rampant house price inflation.
Infography: How much space does £5,000 buy around Britain?
It currently costs an average of £282 to buy a single square foot of property in the UK, according to Zoopla - rising to £1,491 in Kensington & Chelsea.
Michael Gove installed as housing secretary in dramatic cabinet reshuffle
Whitehall big hitter takes over from the ousted Robert Jenrick.
UK property price inflation slows to +8%
July say the biggest monthly drop in average house prices since 1992, according to the latest official house price data.
Super-prime buyers trade Knightsbridge & Mayfair for the mansions of St John’s Wood
The market for houses in NW8 has forged ahead over the last 18 months, outperforming every other area of Prime Central London.
A new place to call home: Seven perspectives on global residential property market shifts
“The pandemic has sent shockwaves through residential property markets across the globe," says Savills, as seven of its most insightful experts share their thoughts on how shifting priorities and lifestyle…
Seaside resorts see biggest rental shortage as tenant competition quadruples
Rightmove has identified which locations are being particularly affected by rental supply shortages - highlighting the effect on seaside resorts as the "staycation" boom continues.