The Market
Chinese demand for UK property bounces back as Stamp Duty pushes buyers to act now
"Anyone who can bring their transaction forward to 2020 from next year or even later is doing so," says property portal Juwai, against fears of higher Stamp Duty rates from 2021.
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...