The Market
Mass exodus of foreign workers could hit London house prices – Capital Economics
Analysis links sudden drop in UK population to ‘huge rise in vacancy rates’ in the London and Midlands rental markets.
‘An unusual year’: Britain’s pandemic property market in nine charts
The ONS has produced a series of charts that illustrate what happened to the property market in 2020, from national price inflation rates to a growing preference for larger homes.
Tenants drawn to PCL as Zone 1 rents fall to lowest levels in decade
"The 'escape to the country' trend has a shelf life", reports Knight Frank, as demand for central London rental picks up.
Awaiting Clearance: When will London’s property market take flight?
The capital's finest properties will continue to trade discreetly off-market - often in a competitive field - but wider market performance will largely depend on how quickly international buyers can set…
Rightmove heralds busiest-ever January – but fall-through rates ‘creep up’
New sales supply is not keeping up with rising buyer demand, says property portal.
BoE warns of negative interest rates to come
The Bank of England’s Monetary Policy Committee has told lenders to prepare for negative interest rates in six months' time.
Mapped: Million-pound home sale hotspots
London and the South East were home to the vast majority of seven-figure sales in the last year - but there are some surprises when it comes to average seven-figure sold prices...
How much old rectory do you now get for a two-bed in Chelsea?
About 25% less than a year ago, according to the West Country branch of acquisition firm Stacks - although there is still value to be found in a hidden AONB just off the A303...
London market has cooled under lockdown – Chestertons
New applicant numbers were down by nearly a quarter on last year’s levels in January, reports 31-branch agency, although deal volumes are still running high.
PCL sales & lettings market snapshot: An emerging supply/demand imbalance, and a ‘fundamental reset’
The Prime Central London lettings market has undergone a "fundamental reset" over the last year, says Knight Frank, while an emerging supply/demand imbalance is buoying sales values.
Tory MP urges abolition of Stamp Duty and Council Tax; backs calls for a proportional annual property levy
"Replacing council tax and stamp duty with a proportional property tax is the right thing to do for millions of people up and down the country," argues John Stevenson MP.
Prime London ‘buying frenzy’ cuts price discounts & sales times
Q4 saw the average prime London property price rise by 3.6%, according to Coutts bank, taking it back to roughly the level seen just before the pandemic struck the UK.