The Market
Summer lull cancelled as activity surge continues
There will be an unusual pattern of activity for buyers and sellers to navigate this year, warns Knight Frank
Rents have risen across most of the country, but have fallen sharply in London
A rise in the number of properties available to rent combined with a drop in international demand have driven a 7.4% year-on-year decline in average rents in Inner London, says Hamptons.
14 key principles for licensed estate agents: Future RoPA Code of Practice opens for consultation
“The new code of practice will look to set standards at a higher level than currently legally set," says steering committee leader Baroness Hayter.
New-build buyers burst out of lockdown, says Savills
Record demand in June ‘more than made up’ for the market hiatus, says the agency
North London agency reports influx of Hong Kong buyers with ultra-prime budgets
‘The trickle has become a torrent’, says Glentree International
Three heat maps to show how prices were faring in Q2
Acadata restarts its analysis of Land Registry data, reporting record prices in the South West...
OBR revises housing market forecasts in light of Covid-19
Three scenarios for house prices and transactions volumes over the next five years have been presented by the Office for Budget Responsibility - an Upside, a Central, and a Downside.
KF saw more offers accepted in June than in any other month of the last 20 years, smashing the previous record by 46%
There's been an extraordinary release of pent-up demand in the sales market since lockdown restrictions were lifted. "The uncertainty is how long it can last," cautions Knight Frank.
Asking rents reach a record high across the country, but dip in London as supply balloons
Asking rents outside London have climbed by 3.4% in the last year, while the capital has seen a dip of 0.6% as rental stock piles up.
An unwieldy system with many anomalies: The case for simplifying SDLT
The rules around stamp duty are unduly complex, writes Elizabeth Small - and complexity inevitably brings a degree of uncertainty, which benefits neither the taxpayer nor the taxman...
Buyers’ desire for a better work-life balance is driving ‘increased urgency’ in the prime property market
Three-quarters of house-hunters registered with Savills say that Covid-19 has led them to "reconsider their work-life balance".
Stamp Duty holiday drives surge of interest in commuter belt properties
Rightmove has reported a dramatic increase in househunting activity at higher price brackets since the announcement of the SDLT holiday up to £500k.