The Market
Property tax reforms slated for post-Budget ‘Tax Day’
The Government is planning to publish a batch of consultations on tax reform on 23rd March, a few weeks after Rishi Sunak's main Budget speech on Wednesday.
Flat prices fall as demand dwindles
Demand for flats in London has slumped as buyers seek more space in light of the pandemic experience, and the cladding scandal takes it toll.
The view from Notting Hill: Reasons to be cheerful
The sales industry is a constant cycle of fear and accomplishment where only the paranoid survive - but every now and then we should pause to reflect on the good bits, writes Giles Barrett...
Mortgage lending remains ‘relatively strong’
The number of mortgages for house purchases fell slightly from December to January, but is still well above numbers seen in the last decade.
Wealthy overseas buyers prepare to swoop on UK’s super-prime market
‘Be ready now to beat the rush when the flights resume’, Knight Frank tells vendors...
Property portal reports record traffic, but vendors continue to wait
Record numbers of people are browsing the internet for a new home - but there's a dearth of new sales listings...
Lloyds expects house prices to fall this year
Lloyds Banking Group predicts that average property prices will fall by 3.8% by the end of 2021, with a downside risk warning of negative growth until at least 2024.
Knight Frank picks Notting Hill as one of the world’s top ten neighbourhoods ‘primed for growth in a post-pandemic world’
KF's Wealth Report 2021 identifies ten "up and coming" prime residential locations around the world, including four in Europe.
Five Trends: Buying agency picks top PCL themes to watch
Which parts of the market are looking more vulnerable to the 2% overseas surcharge? And which streets are likely to prove ‘bullet-proof’ regardless of wider economic events?
Future Homes Standard: The impact on build costs, supply chains & land values
Higher build costs to adhere to the government’s stricter energy requirements are already being factored into land bids, writes Lydia Mclaren...
Stamp duty holiday ‘to be extended until end of June’
Reports claim the Chancellor is planning a boost for the property market in his upcoming Budget.
26% of global UHNWIs are planning to buy a new home in 2021
"The pandemic is supercharging demand for locations that offer a surfeit of wellness," says Knight Frank in its new Wealth Report "– think mountains, lakes and coastal hotspots."