The Market
Strutt & Parker revises property price forecasts, swinging PCL to positive growth this year
Strutt & Parker is now predicting that PCL prices will rise by up to 5% this year, having previously anticipated a drop of up to 5%...
Will the Covid pandemic cause London’s population to decline?
Earlier this week, Capital Economics suggested a decline in London’s population could have a significant impact on its housing market, so is the current trend a blip, quickly reversed - or a turning…
2021 starts with ‘a noticeable drop off’ in property demand
January saw buyer enquiries, agreed sales and new instructions fall for the first time since May, according to the latest RICS survey - but house prices continue to rise (for now).
Property developers to face two new taxes to pay for cladding scandal bill
Robert Jenrick has announced that residential property developers will face two new levies, starting in 2022, to pay for some essential fire safety works on high rise buildings, following 2017's Grenfell…
Look north of Hyde Park for the rise of the next London village
Bayswater is the most central London location that currently looks genuinely under-priced, writes Ed Lewis, as he takes us on a whistle-stop tour of the landmark addresses lining Hyde Park & Kensington…
The number of Londoners buying second homes outside the capital tripled last year
The number of London-based buyers that purchased a second home outside the capital leapt by 309% in 2020 compared to 2019, according to Knight Frank, as affluent sorts looked to escape the city.
‘Halo effect’ as renters move out of city centres
A 'space race' in the rental market is seeing houses find tenants 30% faster compared to last year, says Zoopla.
Mass exodus of foreign workers could hit London house prices – Capital Economics
Analysis links sudden drop in UK population to ‘huge rise in vacancy rates’ in the London and Midlands rental markets.
‘An unusual year’: Britain’s pandemic property market in nine charts
The ONS has produced a series of charts that illustrate what happened to the property market in 2020, from national price inflation rates to a growing preference for larger homes.
Tenants drawn to PCL as Zone 1 rents fall to lowest levels in decade
"The 'escape to the country' trend has a shelf life", reports Knight Frank, as demand for central London rental picks up.
Awaiting Clearance: When will London’s property market take flight?
The capital's finest properties will continue to trade discreetly off-market - often in a competitive field - but wider market performance will largely depend on how quickly international buyers can set…
Rightmove heralds busiest-ever January – but fall-through rates ‘creep up’
New sales supply is not keeping up with rising buyer demand, says property portal.