The Market
‘Lockdown lifestyle reappraisal’ sees rural & suburban prices rise while London continues to fall
Acadata's latest house price index tells of an "emerging new geography" for prices and demand - which may or may not be here to stay.
Property transaction numbers recover from lockdown lowpoint
The cumulative number of offers accepted in the UK since the start of the year is now above the five-year average, says Knight Frank.
Ranked: Which locations see the biggest average property price reductions?
Homes sold in the UK in the last year achieved an average of 95.8% of their initial asking price, according to some research by estate agency comparison website GetAgent.
One month on: New data shows the impact of the Chancellor’s stamp duty holiday
Rishi Sunak’s emergency measure to boost the housing market is working, says Knight Frank, and there’s an argument for making it permanent...
‘The best buying opportunity in nearly a decade’: Why PCL is well-placed to weather the storm
Despite well-documented near-term challenges, factors including current pricing, currency movements, interest rates and the recent stamp duty cut mean the London market is offering the best buying opportunity…
Market Snapshot: Prime London’s post-lockdown recovery
Property market activity in PCL is rebounding more slowly than in outer areas, reports Knight Frank, and average rents continue to fall.
Planning for the Future: Government reveals details of ‘radical’ reforms to create ‘a whole new planning system for England’
This is "radical reform unlike anything we have seen since the Second World War," declares the Prime Minister, Boris Johnson, as the Planning for the Future consultation opens.
Industry Reactions: ‘Radical’ planning reforms promise to create ‘a whole new planning system for England’
There's a mixed bag of reactions to the Government's proposed sweeping reform of the planning system.
Why PCL is a great place to be in the ‘new normal’
While many are talking about a migration from the city to the suburbs or country, being right in the mixer has definite advantages, says Simon Rose...
Village enquiries soar as city dwellers ‘plan their escape’
The number of city residents contacting agents about village property jumped by 126% in June & July, reports Rightmove, while town enquiries were up by 68%...
FT: Could coronavirus spell the end of trendy east London?
Hackney Wick, Haggerston and Hoxton were all among the ten least-searched-for locations in London during lockdown, reports Antonia Cundy in this piece for the FT...
London leads national drop in rental price inflation
Rental price growth in London has tumbled as Covid-19 drives supply up and demand down, reports Zoopla. The portal expects rental growth outside the capital to halve to +1% by the end of this year.