The Market
What clients really want to know about the market right now
Is everyone moving to the country?; what is happening to prices?; and is there anything to buy?
‘Covid-19 has increased the desire to move home, with more space the key driver’ for prime buyers
The latest Savills buyer survey reveals "a greater urgency in the desire to move home", allowing the top-end estate agency to predict that the current surge in buying activity will continue beyond the…
Mapped: London’s top-selling prime & super-prime postcodes so far this year
1,348 residential property sales went through above £1m in London in the first half of this year, according to some analysis by Enness.
Listen: Buying & selling agents discuss market realities in 2020
SP Property Group’s Jo Eccles & Knight Frank’s Tim Hyatt exchange insights in prime resi-focused podcast...
Mapped: Britain’s hottest property sales markets
375 of the 378 local authorities across the UK saw more agreed sales this Summer than last, says Savills, with both London's commuter zone and more rural locations seeing sharp rises in property market…
Average house prices nudged up by 0.3% in May – UK HPI
The average UK house price increased by 2.9% over the year to May 2020, up from 2.7% in April, according to the latest official UK HPI update.
Agents are marketing their best instructions quietly to avoid being ‘inundated’, reports buying agency
Selling firms are aiming to attract only the 'hottest' purchasers, says Stacks, as demand continues to soar...
Sunak floats CGT hike in a ‘triple tax raid on the wealthy’
Bank Holiday weekend newspapers carry "leaks" of Treasury plans for a "£30bn triple tax raid" and/or a "quintuple whammy of tax increases".
Rental viewings ‘hit a ten-year high’ in August
A late student flurry, a glut of stock, and falling rental prices boosted lettings market activity in August, reports Knight Frank.
Summer sales spike borne out in BoE mortgage data
66,300 mortgages were approved in July, according to the Bank of England.
Inaugural August auction raises over £20m
Savills' auction team has sold over £254m-worth of property during 2020 - 35% more than during the same period in 2019.
Why London will still be the ‘live-work-play’ capital of the world
Those calling time on the capital’s place as the centre of the UK economy – and indeed, the global financial system - could not be more wrong, argues Grant Lipton...