The Market
Summer scramble in Prime London as vendors head to market
Latest data from LonRes shows the number of new properties reaching the market in July was up 39% on the same month last year, with 9% more deals agreed;
Another London agency reports a bumper post-lockdown Summer
“We have been genuinely surprised by the rate at which the London sales market has picked up since lock-down restrictions were relaxed in May," says Chestertons chief Guy Gittins, "which culminated in…
UK HPI returns after lockdown hiatus: Average property prices dipped by 0.2% in April
In the year to April's end, average house prices increased in London to £480,425 (2.3%), in England to £251,000 (2.5%), Wales to £169,000 (5.0%), Scotland to £153,000 (1.
Homemover numbers slumped by nearly a third in H1
Largest drop seen in the UK since 2009 was still not as bad as some were predicting, says Lloyds...
Government taskforce looks to drive a ‘suburban renaissance’
A public Call for Evidence has been launched to help policy-makers "understand both the challenges and opportunities facing Suburbs, in order to identify potential policy solutions which aim to support…
Resi sector leads ‘a significant turnaround in architects’ confidence’
“Within a tumultuous five months we’ve seen the fastest and deepest collapse in architects’ confidence, followed by the strongest rally," says the RIBA.
‘Rulebook rewritten’ as buyers go on a £37bn Summer spending spree
Rightmove has just recorded its busiest ever month, as the property market's post-lockdown "mini-boom" accelerates rather than slows down.
London market ‘alive and kicking’ says agency, after exchanging on £100m of property in a week
Knight Frank reports robust activity levels despite dire economic signals...
PCL sales are up 85% compared to last Summer – Dexters
"All the activity we are currently seeing gives us every confidence about the outlook for the Prime Central London property market," says Dexters. But others are less bullish.
Ex-short-lets flood London’s rental market
A 42% jump in rental supply in Central London has caused a record 8.4% fall in average rental values, reports Hamptons International.
Post-lockdown buyers ‘acting more decisively’
'Despite a huge increase in the number of viewings, we are seeing properties going under offer much more quickly', reports Knight Frank...
Moving with the times: Why the lettings industry needs to adapt & evolve
Letting agencies will have to take significant steps to grow and advance in the new era, writes Giles Barrett - starting by putting tenants first, and ditching the uniform...