The Market
Budget 2021 date set for 27th October
Tax increases are likely at HM Treasury's Autumn event.
Rent inflation reaches a decade high as tenant demand jumps by a third
"This unprecedented rate of growth is driven by the post-lockdown reopening of cities, and a return among tenants to the city rental landscape," says Zoopla.
Nearly three-quarters of sales are going to competitive bids, reports north London agency
‘The reports that the property market reached its peak at the end of the stamp duty holiday are unfounded’, says Arlington Residential.
Second home-owners cash-in on ‘lucrative’ holiday let relief
Pandemic support grants for second homeowners "will have been far more lucrative than 'business as usual' for many," says Altus Group.
Prime London buyers still splashing out on larger homes
More than half of properties sold over the summer had three or more bedrooms, reports LonRes.
Property prices likely to rise by a third over the next ten years
Using a very long-range crystal ball, insurance website Comparethemarket is predicting that London's average property value will climb by 63% by 2040, with the UK average rising by 58%.
London market ‘gradually firming’, reports Berkeley
The influential housebuilder is on track to hit over £500m in profit this year.
£25m Surrey mansion sparks off-market bidding war
Knight Frank has tucked away £100m worth of property on the Wentworth Estate so far this year, including the spectacular Villa Oman.
Newmarket tops supply shortage hotspots as home sales surge by 79%
Rightmove has identified which locations are being hardest hit by the ongoing shortage of properties available to buy.
Mortgage approvals fall again, but remain above pre-pandemic levels
UK borrowers repaid £1.4bn of mortgage debt in July; it's only the second time in a decade that the Bank of England's data has shown a net repayment.
EPC ratings have ‘limited impact’ on house prices
Homes with an A or B EPC rating (more energy efficient) attract a mere 1.7% price premium compared to a D-rated property, according to analysis by Nationwide.
Nearly of half of UK property sales have been hit by down valuations in the last year
A London estate agency has estimated that nearly 400,000 residential transactions across the UK have been hit with a down valuation in the last year - including 59% of transactions in the capital.