The Market
Asking rents hit a record high outside London, as city centres start to recover
Rental properties are finding tenants faster than ever before, reports Rightmove, as record demand pushes price up.
Half of UK home-buyers who bought during pandemic regret how much they paid, claims survey
A survey by Aviva suggests that fewer than half of property buyers in last year saw their new home in person before making an offer - and that 92% of these buyers discovered problems with the property…
Agency reports £200m sales surge in St John’s Wood
HNW buyers in search of large houses and gardens have been making their way to NW8, where the supply is plentiful.
House price inflation picks back up to 10% – UK HPI
London continues to be the UK region with the lowest annual growth, for the sixth consecutive month.
Homeowners bullish on house price prospects
Three-quarters of respondents to Knight Frank’s latest sentiment survey believe the value of their home will increase within the next year, up from around half in February.
H1 sales revenues topped 2020 total, reports Winkworth
The Plc is confident that its results will exceed market expectations after an 'exceptionally strong' few months.
Build to Rent ‘is gaining momentum’ with £1.5bn transacted in 2021 so far
“Positive activity has continued into the BtR sector," says CBRE. "letting activity has picked up and sentiment is strong."
Regional house price movements over the last year ‘are almost a complete reversal of both the 5-year and 10-year trends’ – Garrington
Buying agency Garrington has highlighted how limited the impact of the stepping down of the Stamp Duty holiday has been on property market activity so far.
Most buyers & sellers expect to move within three months – OTM
84% of property sellers expect to sell their home within the next 90 days, according to the inaugural OnTheMarket Sentiment Index, while 75.5% of buyers expect to find their next home within the same timeframe.
Central London rents likely to recover to pre-pandemic levels within a year – Hamptons
Average rents in central London have fallen by 16.
Heatmapped: Runaway regional markets drive highest house price inflation since 2005
‘Any slowing of price rises in the period of March to May because of the initial expected end of the stamp duty holiday has been short-lived’, reports Acadata.
Guy Meacock: London is really hitting its stride now
The capital has played second fiddle to the country market over the last year - but is now showing the sort of resilience that surprised us all post-GFC.