The Market
Ranked: London’s home-selling hotspots
There are six London boroughs where more than one in 25 homes are currently listed for sale.
PCL lettings deals up nearly 200% this year, reports major agency
Dexters says it has been agreeing 330 lets every week in January, and has 36,700 prospective tenants on its books - up 48% on last year.
12% drop in new instructions as vendors take stock
Sellers are "reluctant" to list their homes for sale during this third national lockdown, reports Zoopla, but buyer demand continues to escalate.
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.