The Market
City centre rents suffer as tenants look to suburbs
"The pandemic has led to falling asking rents and a flood of properties coming into the market in a number of the UK’s biggest city centres," says Rightmove.
9 Trends: Key resi development themes for the year ahead
The Knight Frank team shares its take on the big themes in residential property development in London for the year ahead, from the rise of homeworking and wellbeing to retail conversions and mixed-use…
December’s agreed sales tally was the highest since 2006
Estate agency branches did an average of eight sales deals last month, according to Propertymark, down from 13 in November but still the highest December total since 2006.
MPs to debate Stamp Duty holiday extension on 1st Feb
Parliament will debate the possibility of a six-month extension to the Stamp Duty holiday after all, prompted by an online petition that has attracted over 125,000 signatures.
Activity stirs in Prime London’s stock-laden rental market
The Prime London lettings market had a much busier end to the year than many expected, reports LonRes, but supply levels are still running very high...
Canary Wharf is having a moment – here’s why…
The 'escape to the country' trend is not the only way Covid-19 is changing tenant behaviour, writes Tom Bill...
What’s happened to property prices in London’s Golden Postcodes?
The average price paid in Prime Central London has fallen by 10% since the start of the Covid-19 pandemic - but some enclaves have seen dramatic prices rise.
20% more people are currently in the process of moving home compared to last year
"The volume of households moving through the homemover funnel" has reached "unparalleled levels", says research firm Twenty Ci.
Prime London saw 12% more £5m+ property sales in 2020 than in 2019
Surprisingly high prime sales volumes are "a clear demonstration of confidence in London as a leading world city," says Savills.
Buying agency draws up a ‘definitive league table of post-Covid property hotspots’
National buying agency Garrington has compiled a "definitive league table of post-Covid property hotspots", assessing the best places to live in the "new normal" of 2021 and beyond.
Fall in transactions four times higher during financial crisis than pandemic
Comparison with 2008 'puts the impact of Covid-19 on the property market into context', says Knight Frank, suggesting that 2021 'may also surprise on the upside'
How the property market rebounded from one of its biggest challenges in history
West London agent Paul Cosgrove looks back on an extraordinary period for the capital’s property market, and explains why recent demand shifts are much more than a passing trend...