The Market
Houses outperform flats as Prime London market stays strong
Houses in the £2m to £5m range have been significantly outperforming the rest of the market, reports LonRes...
‘Extremely focused’ buyers see no need for a second viewing
The proportion of UK properties sold after a single viewing rose from 17.8% in 2019 to 28.1% last year, reports Knight Frank.
Falling prices & transaction volumes are ‘a blip and not the start of a permanent trend’ – Garrington
We're in "a three-way market", declares the Garrington team, as it assesses how the property market has started the year.
UK house prices rose by 8.5% in 2020 – the highest rate since 2014
The latest official UK House Price Index tells of significant property price inflation last year, despite Brexit and the pandemic.
The total value of property sales tumbled by 38% last year
£171.7bn-worth of homes were sold across England & Wales in 2020, down from £277.5bn in 2019.
Heatmapped: House prices soar in south west hotspots
Bath, Bournemouth, Bristol, Cornwall, Gloucestershire and Wiltshire have all been flying, with annual inflation running at over 15%, while parts of London have slipped into negative territory...
Myth-busting: A buying agent’s guide to the off market
‘Off-market’ is a concept which is much overused and often misunderstood, writes Philip Harvey - but now, more than ever before, it’s the key to securing the right houses for clients...
Property owners are becoming more bullish on house price growth this year
2021's property market is likely to be "less of a roller-coaster ride" than 2020, suggests Knight Frank, as the firm stands by its forecast of 0% growth for UK house prices in the year ahead.
‘All of the key buyer metrics are [now] ahead of early 2020’ – Rightmove
Asking prices, buyer enquiries and agreed sales all picked up last month, but far fewer properties are coming to market compared to last year.
Cash deals dwindle as smaller landlords tempted to invest
Average rents in the South East have climbed by 10% in the last year, reports Hamptons - while rents in Central London have fallen by 16%.
Why global investors are hungry for PCL assets right now
Knight Frank’s Guy Stebbings, whose team has exchanged on well over a billion pounds worth of deals in the last six months, explains why activity levels in the resi investment market are running at…
Telegraph: ‘Stamp duty holiday could be extended by six weeks’
The Telegraph has reported an unnamed Treasury source as saying that the Chancellor is considering a short extension to the Stamp Duty holiday.