The Market
‘2025 could be the beginning of the price turning point for the London market’ – Rightmove
Property portal predicts a buyers' market across the UK next year, with more transactions and 4% growth for asking prices.
Deals jump by 17% in London’s super-prime lettings market
Wealthy foreign investors are keeping their options open as the UK works on a replacement for the non-dom regime.
Real Estate Legal Digest: An essential guide to the latest developments shaping the UK property market
Stay abreast of the key policies & issues impacting the real estate sector with PrimeResi's regular legal briefing, prepared by Boodle Hatfield's team of experts.
Chestertons predicts ‘gradual growth’ for property prices in 2025
Estate agency expects property values across London and the UK to rise by 3.0-3.5% next year, while the capital's rental market undergoes 'a period of adjustment'.
Prime London Property Market Snapshot: Week 49, 2024
Deal numbers are falling sharply as the year comes to a close.
Welsh government raises Stamp Duty on additional homes
The top LTT rate on holiday homes & buy-to-let investments in Wales is now 17%.
How rising private school fees are redrawing the country property map
Labour's move to introduce VAT is already having a knock-on effect on families' requirements and decision-making, reports buying agent Emma Seaton.
Viewing activity climbs as buyers look to beat Stamp Duty rise
'The sales market is set to see a trend unlike those historically seen across the winter months,' says Propertymark.
Latest HMRC data reveals 27% slump in resi stamp duty receipts
Properties valued at over £1mn accounted for just 4% of all transactions in 2023-24, but over half of total SDLT receipts.
US & Middle East super-rich behind nearly half of £20mn+ London property deals
American & Gulf billionaires dominating PCL's trophy home market, with UK buyers making up just 10% of top-end deals, survey reveals
2025 outlook ‘uncertain’ after sharp decline in Prime London deals
Post-Budget slump in exchanges 'suggests momentum isn’t building convincingly yet', reports Knight Frank.
Tax & policy shifts to push prime rents up – Savills
But rental growth is likely to be much slower across Prime London and Regions in the next five years than in the five years just past.