The Market
The new London Plan is now in force
The capital's new "Spatial Development Strategy" - better known as the The London Plan 2021 - has finally come into force, after protracted exchanges between City Hall and Whitehall.
2021 starts with a bang as buyers splash £500m on London’s £5m+ homes
Deals are continuing to flow in the capital’s high-end market, reports Savills.
London market boosted by lockdown ‘roadmap’, reports Chestertons
Buyers, sellers & tenants ‘responded well’ to the latest government announcement, reports 31-branch agency.
Chancellor for the Day: What would prime resi insiders do to sort out property taxation?
We asked a selection of prime residential property insiders what they would do if they were installed as Chancellor of the Exchequer this week, and given a politically-free hand to make changes to England's…
Tom Bill surveys the property tax landscape
For the property market, like the rest of the economy, Wednesday's Budget will be focussed on getting the economy down the home straight of the pandemic rather than what happens on the other side, writes…
Property tax reforms slated for post-Budget ‘Tax Day’
The Government is planning to publish a batch of consultations on tax reform on 23rd March, a few weeks after Rishi Sunak's main Budget speech on Wednesday.
Flat prices fall as demand dwindles
Demand for flats in London has slumped as buyers seek more space in light of the pandemic experience, and the cladding scandal takes it toll.
The view from Notting Hill: Reasons to be cheerful
The sales industry is a constant cycle of fear and accomplishment where only the paranoid survive - but every now and then we should pause to reflect on the good bits, writes Giles Barrett...
Mortgage lending remains ‘relatively strong’
The number of mortgages for house purchases fell slightly from December to January, but is still well above numbers seen in the last decade.
Wealthy overseas buyers prepare to swoop on UK’s super-prime market
‘Be ready now to beat the rush when the flights resume’, Knight Frank tells vendors...
Property portal reports record traffic, but vendors continue to wait
Record numbers of people are browsing the internet for a new home - but there's a dearth of new sales listings...
Lloyds expects house prices to fall this year
Lloyds Banking Group predicts that average property prices will fall by 3.8% by the end of 2021, with a downside risk warning of negative growth until at least 2024.