The Market
Busting the London ‘exodus’ myth
Business has been booming for regional agents since lockdown restrictions were lifted in May, but Londoners need to consider whether moving out to the shires is sustainable in the long-term, warn Camilla…
Johnson vows to turn ‘generation rent into generation buy’ in ‘the biggest expansion of home ownership since the 1980s’
Prime Minister pitches fixed-rate mortgages of up to 95% loan-to-value for first time buyers.
RBKC & Westminster named as UK’s ‘coldest’ property markets
Demand levels in the UK's most expensive boroughs are running well below the national - and London average - according to analysis of data from the major property portals...
Property market momentum ‘likely to carry through into next year’, despite the bleak economic outlook
Knight Frank boils down its property market analysis for the coming months into a single key question: "will there be positive news on a treatment or a vaccine before the momentum runs out?"
‘A retrograde step’ & ‘a serious weakening of local democracy’: London’s Mayor weighs-in on planning reforms
Mayor of London Sadiq Khan has lambasted the Government's "once in a generation" planning reforms, calling proposals "a retrograde step" for housebuilding in the capital and "a serious weakening of local…
Millionaires’ Rows: The UK’s top ten most expensive streets in 2020
Zoopla has published its latest rundown of seven-figure addresses, showing Kensington Palace Gardens, Courtenay Avenue, Grosvenor Crescent and Ilchester Place maintaining their positions as the priciest in…
The view from Knightsbridge: Covid, Brexit & the PCL lettings market
So far at least, Brexit has had a far bigger impact on the Prime Central London lettings market than Covid-19, writes Alice Umfreville...
Property prices continue to rise in most prime global cities, but markets are weakening
The average annual rate of property price inflation across the 150 tracked cities moderated from +3.6% in Q1 to +3.4% in Q2.
Up-sizers’ average ‘trade-up gap’ escalates to £68k
Asking price inflation for three-bedroom houses has outstripped the price growth of two-bedroom flats every year for the last five years, says Rightmove.
Prime property prices outside London top pre-crash peak
Average prime values outside of London have climbed beyond their 2007 peak for the first time, says Savills, and now sit some 1.4% above their pre-crash high.
British Virgin Islands to go public with details of secret company ownership
A recent BBC investigation found that 11,700 companies registered in the British overseas territory owned 23,000 UK properties.
Mortgage approvals jump to a 13-year high
August saw the highest monthly tally of mortgage approvals since October 2007. But there have still been around a fifth fewer approvals so far this year compared to the same period in 2019.