The Market

Rather than politics, currency fluctuations or legislation changes, the market’s sustained performance is actually being underpinned by an innate desire for progress in our lives, writes Giles Barrett...

Of the world's major prime cities, Seoul, Berlin and Sydney are set to see the highest rates of luxury property price inflation in 2021, forecasts Savills.

The latest Hamptons index tells us that the national rate of rental price inflation ticked up sharply towards the end of 2020. The annual rate jumped from 1.4% in October to 4.1% in December.

‘It can't be right to have house movers and their removals vans queuing up in March trying to beat the deadline in the pandemic lockdown’, says CEO Andy Shepherd, as the the agency puts forward a ‘practical…

But major property tax reforms are on the cards longer-term...

Mixed messages from Whitehall on an extension to the Stamp Duty holiday, as a popular petition forces a debate in the House of Commons.

The sales market has seen a busy start to the year, although asking prices have dipped in the last month as vendors price competitively.

48% drop in transactions marks 'first official confirmation that fears over unsafe housing are freezing the market'

A third national lockdown has deterred just 14% of buyers and sellers from a purchase or sale in 2021, according to a survey of over 10,000 people, with 81% planning to carry on as they planned.

New figures show a massive decline in basement-related applications across RBKC & Westminster since the introduction of stringent rules designed to prevent over-development.

The pace of property price inflation in the UK has slowed sharply since the EU Referendum. 14% growth since 2016 compares to 28% - double the rate - in the equivalent time period prior to the vote.

"It is a mixed and changing picture but with an overall growth in confidence," says the RIBA.