The Market
Mortgage borrowing falls from a record high, but approvals rise
The Bank of England reports that net mortgage borrowing fell from a record £11.5 billion in March to £3.3 billion in April.
Cautious buyers risk being caught out by PCL recovery, warns Mayfair agency
Black Brick highlights dilemma facing those hoping for the ‘quality gap’ to converge.
Prime property stock shortage looms across Europe
“The strong sales rates we’ve seen in the last 12 months have been driven almost entirely by domestic buyers," says Knight Frank;
Are we seeing the return of a more balanced market?
Demand has sprung back since the pandemic as people have reassessed how and where they live, but supply is now also getting stronger, writes Tom Bill...
Ranked: Britain’s most expensive seaside towns
Salcombe tops this year's list, with an average property price of over £950k. The average house price in a British seaside town has jumped by 10% over the past 12 months...
Residents rate build-to-rent more highly than build-to-sell developments
The average "star rating" for a building on reviews platform HomeViews in 2020 were 4.39 out of 5 for Build-to-Rent residents and 4.
Property market set for busiest year since 2007, on track for over 1.5 million residential transactions
Zoopla expects the total value of homes sold in the UK to reach £461 billion this year; that's 46% more than in 2020, and 68% more than in 2019...
PCL house market ‘renaissance’ as £5m-plus sales soar
New data shows a 140% leap in PCL house sales above £5m during the first four months of 2021, as the time taken to sell falls by 15%.
House price inflation higher in historic towns
Prices in the UK's historic towns and cities have been rising at nearly twice the rate of their newer counterparts, according to new research.
Properties sold above asking price reach an all-time high as demand continues to outpace supply
There are 16 buyers for every available property on the market, according to Propertymark.
Affluent home-buyer demand has shifted, but which trends will endure?
"Mega estates are making a comeback," says American property giant Coldwell Banker. "Gardens and backyard settings are being re-envisioned. Luxury medical concierges are the next big wellness trend.
The investment case for global property: What ‘the next generation’ wants
Flora Harley explains how preferences are shifting amongst younger ultra-high-net-worth individuals around the world...