The Market
Property market to stay open in Tier 4 lockdown areas
"The sales and rental markets remain open in all tiers," says Housing Secretary Robert Jenrick. "All associated [home-moving] activities can continue as before. Please follow the Covid secure guidance.
Millionaires’ Rows: The UK’s 20 most expensive streets in 2020
A handful of super-prime transactions on Avenue Road has pushed its average price to over £30m, according to Lloyds Bank’s annual rundown.
Savills’ auction team toasts £270m year
Replacing traditional ballroom sales with a live-streamed format has paid off for the agency.
Timeline: Key market milestones in 2020
Despite the eight-week shutdown, many important indicators of activity were stronger than in recent years, notes Knight Frank.
Tom Bill on what 2021 could bring for the UK property market
Tax changes and the withdrawal of support measures mean the post-Covid ‘normal’ will only begin to emerge later next year, writes Knight Frank's Head of UK Residential Research.
£62bn more sales agreed in 2020 vs 2019
Zoopla reports a continuing surge of house-buying activity, particularly in higher price brackets.
£5m+ sales up 10% in Prime London as wealthy buyers shell out for space
'What has changed is that purchasers are buying larger properties and spending more in higher price brackets', reports LonRes.
Budget 2021 date set for 3rd March
Chancellor Rishi Sunak will outline another round of fiscal policies before the scheduled end of the Stamp Duty holiday.
One in six London architecture firms ‘concerned about practice viability’
'Brexit will have a long-term material and potentially highly damaging effect on the architects’ market', warns the RIBA.
Tatler: Here’s how the super-rich manage their global property portfolios
HNWI are increasingly opting to rent their ultra-prime residences instead of buying them, according to this report by the venerable society magazine...
Tracking down England’s top 40 ‘have it all’ villages
Savills' research team has scoured the country to identify 40 villages – the top five in each English region – that “have it all” for those looking to swap city living for the country life.
Over half of property buyers regret moving to a flood risk area
New research highlights the high and rising risk of flooding to home-movers.