The Market
59,000 ‘lost’ deals: Estimating the financial cost of lockdown to the estate agency sector
The UK's Covid-19 lockdown caused a dramatic slump in the number of new instruction and sales agreed, reports Twenty EA, but property exchanges appear to have been more resilient.
One in ten properties went for above asking last month – NAEA
Agency body recorded the highest proportion of above-asking sales since 2016 in June, although well over half still went through below.
The view from Knightsbridge: Patience is of the essence
Where sellers are flexible and in touch with reality, deals have kept going when they might otherwise have faltered, reports PCL agent Nic Pejacsevich...
‘There are signs that normality is returning’ to the property market, says Knight Frank, but uncertainty remains
"The UK will officially be declared to have entered a recession next month," says Knight Frank's Tom Bill.
Edinburgh hots up while Scotland’s country house market makes a ‘slow return’ from lockdown
Edinburgh's prime property market has picked up more quickly than Scotland's country house scene since Covid-19 lockdown restrictions were eased, says Knight Frank.
Foxtons reveals the ‘decision triangle’ and new-build pricing process
50-branch agency provides some interesting insights on buyer and tenant behaviour in the capital, and how it goes about pricing new-build schemes...
Talking Heads: On the expansion of Permitted Development Rights
Specialists from the worlds of acquisition and architecture offer their unbridled thoughts on the government's latest tweaks to the planning system...
Think tank calls for a Property Capital Gains Tax to ‘pay for the coronavirus’
Michael Johnson and the Social Market Foundation are calling for "tens of billions of pounds of new taxes to be levied on increases in the value of homes", with a new Property Capital Gains Tax replacing…
Covid-19’s impact on global property markets ‘will likely be less than in the global financial crisis’
"A full house price crash [is] a distinct possibility," warns Oxford Economics as it assesses the potential fallout of the Covid-19 pandemic on global markets.
‘A value gap has enabled a recovery in buyer demand across countryside locations’ – Savills
England's prime regions "remain price sensitive" despite a surge of demand and activity in the aftermath of the first Covid-19 lockdown.
Commercial Break: What to consider when converting excess office space to resi
Permitted development rights are in hot debate as the Government attempts to reform the planning system, deliver more housing and build the UK out of the Coronavirus crisis, with questions remaining over…
The view from inside north London’s Russian quarter
In a piece originally published in 2018, veteran agent Trevor Abrahmsohn explains why oligarchs first started buying in Hampstead & Highgate, and the impact of tensions, sanctions and currency fluctuations…