The Market
144% jump in Hong Kong buyers in London
Since July 2020, Hong Kong nationals have accounted for an estimated 4% of London market activity, up from just 1% in the same period the previous year.
Top-end country house prices have soared by 16% in the last year
Country homes valued at £5m+ saw average prices surge by 7.3% in Q1, taking the annual rate of price inflation to a blistering 15.8%.
Mortgage approvals jump 13%
Net mortgage lending reached an all-time high in March.
Planning reform to be given key billing in the Queen’s Speech
Government to push ahead with "radical" reforms to create "a whole new planning system for England."
Supply squeeze is a ‘short-term distortion’
Bumpy exit from the pandemic tells us very little about how the property market is going to perform over the next 12 months, says Knight Frank.
Stamp Duty data shows surge in £500k+ property sales
Just over a third (36%) of residential transactions were liable for SDLT in the opening three months of this year, compared to two-thirds (67%) in the same period in 2020.
Ranked: Britain’s property price inflation hotspots
Rightmove has done some more analysis of the "frenetic" housing market, identifying which locations have seen the highest rates of price growth in the last year, and revealing that around a quarter of…
How much space does $10k rent in prime global cities?
Hong Kong is still the most expensive city in the world to rent a luxury property, says Knight Frank, despite the pandemic and political headwinds.
Ranked: £3m-plus hotspots beyond the capital
Elmbridge and Buckinghamshire were the areas with the most £3m sales outside of London last year, according to analysis of Land Registry records.
Why sourcing best-in-class properties has become even harder for buyers
Most of the decent houses have sold over the last year, and what remains is often either overpriced or substandard, writes Hannah Aykroyd.
‘Hotting up’: PCL set for ‘healthy market bounce’, predicts buying agency
'The market could go up a few per cent quite quickly, and a lot of good quality property has been held back from the market during lockdown', says Black Brick
‘Celebrity’ homes can command a 10% price premium, claims agency
"There has been a significant sea-change in celebrity attitudes towards collaborating with agents instructed to market their properties," says a top North London estate agency.