The Market
£68.8bn-worth of homes were sold in the first half of this year
London's NW3 is the most valuable postcode of the year so far, with £262.5m-worth of residential property changing hands.
How the pandemic has ‘transformed the way buying agents are seen’
"Something that was seen as a luxury before has become essential": With insights from Property Vision, Thea Carroll, Garrington, Haringtons, Prime Purchase and Stacks, PrimeResi explores how property buying…
Ranked: Top ten London boroughs for bargain hunters
Buyers in search of a hefty discount should head to Lambeth, Hammersmith & Fulham, Camden, RBKC and Wandsworth, suggests London agency.
Prime global rents turn a corner as yields drop further
“Rental markets look set to be subdued for the rest of 2021," says Savills as its World Cities rental price index returns to positive growth, but the longer-term outlook is more positive.
Londoners buy a record number of homes outside the capital
London leavers bought 85% more homes outside the capital in the first half of this year than in H1 2019.
Pandemic fuels the ‘broadest global house price boom in two decades’
The annual rate of house price inflation across the OECD group of rich nations hit 9.4% in Q1 2021 - a 30-year high.
Prime London flooded with rental demand
Buying agency Haringtons is reporting "a huge influx" of demand for large furnished rental properties in prime London, as families are forced out of their homes by the recent flooding.
Sales rates pick up across GB, but fewer than half of London listings find a buyer
In a typical year, only around half of properties listed for sale on Rightmove successfully find a buyer. That has jumped to nearly 70% in the last year or so.
Property sector donating a quarter of Tory party funds
Nearly £18m has been donated by 154 individuals and companies with property interests since Johnson became PM, according to the analysis of Electoral Commission data by the FT
Mortgage lending reaches a record high
Net mortgage borrowing reached an all-time high of £17.9 billion in June, according to the Bank of England - smashing the previous record, set in March 2021, of £11.5bn.
Is a property really worth what somebody else is prepared to pay for it?
A £2m down-valuation? Don’t bet against it…
‘Cities are springing back to life’: Super-prime property sales surge around the world
"We expect super-prime sales to end 2021 on a high," says Knight Frank, as it flags a significant jump in US$10m+ deals across seven major global wealth hubs so far this year.