The Market
Buyers & sellers ‘remain largely undeterred’ by lockdown, but half do not feel safe on physical viewings
A third national lockdown has deterred just 14% of buyers and sellers from a purchase or sale in 2021, according to a survey of over 10,000 people, with 81% planning to carry on as they planned.
Planning clampdown stamps out PCL’s mega-basement boom
New figures show a massive decline in basement-related applications across RBKC & Westminster since the introduction of stringent rules designed to prevent over-development.
What has Brexit done to house prices?
The pace of property price inflation in the UK has slowed sharply since the EU Referendum. 14% growth since 2016 compares to 28% - double the rate - in the equivalent time period prior to the vote.
Architecture sector rallies with ‘fragile growth’, except in London
"It is a mixed and changing picture but with an overall growth in confidence," says the RIBA.
Savills reports ‘an extraordinary rebound’ in prime resi activity
"The volume of activity in prime residential markets [outside London] for [2020] as a whole was the strongest since before the global financial crisis," says Savills.
‘Sales market momentum will fade further in coming months,’ warns the RICS
Housing market activity continues to rise but momentum is easing, according to the latest survey of Chartered Surveyors.
Prime London market begins 2021 with bumper stock levels
Huge inventory builds up across the prime postcodes after Covid blows seasonal activity patterns off course.
Rokstone boss: To shut the housing market jeopardises jobs, personal finances and the economy all in one go
The government may be "absolutely determined" to keep the housing market open, but pressure is mounting from various quarters - including the science one - to pull the shutters down again as Covid continues…
Marylebone bucks the trend as PCL rents suffer
Rents have been tumbling across the capital's prime districts recently, but not in this one...
Is the Prime Central London recession anomalous?
It's been a particularly tough six years for the capital's prime property market, with tax changes, the threat of a hard-left Government, Brexit and Covid all impacting on sentiment;
Major players back call for Unique Property Reference Numbers
Over 50 influential property industry organisations - including Savills, Knight Frank, Countrywide and Foxtons - are calling for the introduction of Unique Property Reference Numbers.
Stamp Duty holiday ‘has been an added bonus rather than the driving factor’ for most home-buyers
Half (48%) of current home-buyers are worried they’ll miss the 31st March Stamp Duty holiday deadline, according to a survey by HNW mortgage broker Enness.