The Market
Buying agency reports rise in ‘negotiation-only’ clients
Stacks says it is increasingly being brought in to handle negotiations once the right property has been identified, especially in complicated country house deals…
London market ‘holds its own’ as sales top £56bn
£56.2bn worth of real estate has been sold across the capital since the start of the pandemic, according to analysis of Land Registry records.
Renting a home is ‘cheaper than buying’ for the first time since 2014
Pandemic-induced property trends mean it is now cheaper to rent a home than buy one, says Hamptons, reversing a six-year trend.
Wary vendors are fuelling an ‘iceberg’ off-market property scene
"Market conditions have remained brisk over the last month," says national buying agency Garrington in its latest market update video, "exacerbated further by the forthcoming phasing out of the Stamp Duty…
Heatmapped: Sold prices around Hyde Park
New analysis shows where the value is to be had around London's largest green space...
The impact of stamp duty on transaction numbers will be greater in 2021 than during any other year
2021 will be a case study for how differing rates of stamp duty impact the property market, writes Tom Bill - and another big spike in transaction numbers is on the cards for later this month…
Architects report record optimism in the private housing sector
The latest RIBA Future Trends Index, for May 2021, tells of the highest level of optimism amongst architects since 2016 - and a record high for the private housing sector.
‘There should not be a fast track for beauty’: Betts Committee reports on The Future of the Planning System in England
"The government’s aim of developing a planning system that enables buildings to be built more quickly and with greater input from local communities is welcome, but it is far from clear how the current…
Carbis Bay property searches double as G7 Summit moves in
"It’s like being on a movie set," reports St Ives estate agent.
Property sales boom ‘is not anticipated to last’ but ‘there is no sign of house price inflation losing any steam’ – RICS
Surveyors report the widest mismatch between property supply and demand since 2013, as agreed sales numbers continue to rise ahead of the end of the Stamp Duty holiday.
London vendors are not moving on price, says estate agency
Chestertons has reported a 'rare scenario of supply meeting demand' in London, as new sales listings exceed buyer registrations. But it's still a sellers’ market, says the firm.
‘Biggest sales pipeline in a decade’ as deals agreed on over 700,000 homes
Some 704,000 homes are marked Sold Subject to Contract and are now going through the sales process, according to Rightmove; it's the biggest sales pipeline of the last decade, 78% higher than in May 2019.