The Market
New valuation guidance for cladding-hit flats
New guidance has been published that clarifies types of properties which will, and those which will not, require additional inspections, as a result of concerns about fire safety.
Lack of overseas buyers keeps PCL prices in check
London's higher-value enclaves remain 'disproportionately affected' by the lack of overseas buyers, reports Knight Frank, while places like Belsize Park, Dulwich and Wimbledon have all seen their average…
Property firms note surge in activity following the Budget
“It’s clear from our record-breaking traffic numbers that the Spring Budget has introduced buyers into the market who were not perhaps able to consider moving until now or who were waiting to hear…
Analysts & commentators revisit forecasts as market continues to defy gravity
The UK housing market will continue to defy predictions of a slump, says Bloomberg Intelligence, but the longer-term outlook 'remains uncertain'.
Wales extends Stamp Duty holiday; Scotland does not
Wales has extended its Stamp Duty holiday - which raise the nil-rate threshold from £180k to £250k - until 30th June, with no tapering of the tax break.
Required Reading: The Budget 2021 for HNWIs & business owners
The team at law firm Mishcon de Reya has trawled through HM Treasury's Budget documents to come up with this digest of the key points for business owners and wealthy individuals...
OBR upgrades property market forecasts
The Office for Budget Responsibility is rather more bullish on house price inflation and transaction numbers than in November...
Ten of the best graphs from this year’s Wealth Report
How many square metres of prime property does US$1m buy around the world right now; which property types have come to the fore since the onset of the pandemic; where are the biggest centres for UHNWIs;
Our esteemed Chancellor was kinder than we had feared
Rishi Sunak scored a 6/10 for yesterday’s Budget in the eyes of veteran agent Trevor Abrahmsohn...
Budget 2021: Stamp Duty holiday extended to September
As expected, Chancellor Sunak has extended the Stamp Duty holiday for a few months, taking a sensible (albeit steep) tapered approach to avoid the hard cut-off that's caused so much angst over the last…
The new London Plan is now in force
The capital's new "Spatial Development Strategy" - better known as the The London Plan 2021 - has finally come into force, after protracted exchanges between City Hall and Whitehall.
2021 starts with a bang as buyers splash £500m on London’s £5m+ homes
Deals are continuing to flow in the capital’s high-end market, reports Savills.