The Market
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, Rightmove, Beauchamp Estates, Benham & Reeves, HMRC, Foxtons, Savills, Knight Frank…
Property industry bodies call on Rayner to regulate estate agents
An open letter from the RICS, PropertyMark, British Property Federation & more calls for the resurrection of RoPA legislation.
There is a sense that the summer slowdown has come a little early – LonRes
Latest Prime London data shows activity slowed in the lead-up to the General Election, while the annual rate of price growth dropped to -4.5%
Dwindling supply meets robust demand: Rupert des Forges on PCL’s luxury property squeeze
Those looking to secure a best-in-class new-build in the coming years will need to take an opportunistic yet strategic buying approach, writes Knight Frank's head of PCL developments.
HNW property developers & investors are ‘optimistic’ about UK real estate
We're 'past the eye of the storm', says Investec as property developers & investors display 'a clear sense of both growing optimism and activity levels.'
Prime buyer demand ‘creeps up’ in London
Almost one in five Rightmove listings priced between £2mn and £10mn had found a buyer in Q2.
‘A Dickensian legal process’: Why property deals take so long to complete
Propertymark data shows that, in March 2016, 78% of transactions progressed from offer acceptance to exchange of contracts within 12 weeks; in March 2024, the figure had slumped to just 29%.
What Will Change? Jamie Hope on what the Labour government could mean for the prime property market
With a Labour government elected on a promise of ‘Change', the MD of PCL agency Maskells looks at what fresh tax policies may be in store.
Prime rental market ‘falls back to pre-pandemic patterns’
Rents are still rising in London and the regions, but Savills warns of 'misalignment' between tenant and landlord expectations.
RICS heralds ‘post-election bounce’ for housing market
Surveyors 'have confidence in the newly elected Labour government,' concludes the Royal Institute as housing market optimism builds.
Rayner renames Housing Dept; drops Levelling Up ‘slogan’
The DLUHC is now the MHCLG again.
Prime London Property Market Snapshot: Week 27, 2024
The latest data suggest last week's General Election had little real effect on home-buying and selling activity across London's prime postcodes.