The Market
Prime London market busier than post-election bounce, as high-end sales continue to soar
The £5m-plus market has been flying over the last three months, reports LonRes, with exchanges up by nearly 20%.
Savills reports £40m deal flurry in Surrey
Bidding wars have been breaking out over mansions before they can even reach the market.
FT: The problem with the UK house price index
Valentina Romei explains the pros and cons of the UK's various housing market indices - and how to read them - in this useful guide for the Financial Times.
Ellingworth on leasehold reform: Be careful what you wish for…
Charlie Ellingworth runs through the potential implications - and unintended consequences - of the government’s latest proposals to up-end the ancient leasehold system.
Average transaction time jumps to 295 days
Property sales are being agreed more quickly, but the processing of transactions is taking a lot longer than before the pandemic and Stamp Duty holiday.
What would a CGT hike mean for buy-to-let landlords & second homeowners?
“The proposed changes from the Office of Tax Simplifications would act as nothing more than another nail in the coffin of the buy-to-let sector, in particular," says estate agency Benham and Reeves.
UK market set for spring bounce as return to normality beckons
‘Circumstances are conspiring to produce an active few months’, says Knight Frank.
‘Strongest spring sellers’ market in the past decade’ – Rightmove
“The current excess of buyer demand over supply is the largest we’ve seen in the last ten years and suggests that this could be one of the best ever Easters to sell,” says Rightmove, as it tries…
Stock drought fuels rent inflation outside London
Half of landlords reletting their property increased the rent this year, says Hamptons; that's the highest figure since 2016. In London, however, only 37% of landlords were able to raise rents.
Historic Interest: Listed home sales hit record high
2020 was the first time more than 8,000 listed homes changed hands in England and Wales, reports Hamptons.
On the future of super-prime: Lord Hay explores the outlook for luxury property development in London
In an exclusive article for PrimeResi, Lord Andrew Hay of Lodha UK explores the key trends and challenges facing the top-end of London's property market, taking a bullish stance on super-prime prospects…
Heatmapped: House price inflation tops 20% in South West hotspots
The South West region currently has the highest annual rate of growth in the country at 15.3%, according to the latest e.surv HPI.