The Market
‘Momentum is building’ across prime London as buyers & tenants take advantage of lower prices
Prime London Market Snapshot: The latest data on PCL and POL from Knight Frank.
A one-off wealth tax on £1m+ households is the best way to pay for Covid-19, says think tank
"A one-off wealth tax would work, raise significant revenue, and be fairer and more efficient than the alternatives," suggests an in-depth report from The Wealth Commission.
Don’t tax working from home to save the office – build more homes
Well-designed office-to-resi conversions can revitalise our cityscapes as they undergo dramatic changes accelerated by the pandemic, argues Grant Lipton...
Extending the Stamp Duty holiday could double the rate of house price inflation in 2021, predicts agency
"The prime and super-prime markets will continue to break away from the core housing market" in the coming year, forecasts Jackson-Stops.
Stamp Duty holiday deadline is ‘not a dealbreaker for most buyers’, as vaccine set to boost the property market next year
The Stamp Duty holiday "is not a dealbreaker for most buyers (especially at the top end)", says Savills, after surveying 1,300 prime property buyers and sellers.
How the property market fared during the second lockdown in five graphs
‘In some ways, the second national lockdown had parallels with the first.
Conversion Starter: Is housing the future of the high street?
Nicola Gooch explains the significance of the latest proposals to shake up the general permitted development order.
Ranked: The most important features for village property buyers in 2020
‘Lockdown proof’ locations have seen a surge in demand since the pandemic hit, says Jackson-Stops - and the local watering hole is apparently the number one draw...
Ranked: Prime London’s most price-reduced areas
21% of £3m+ sales listings in prime London areas have had their initial asking price reduced; Maida Vale is the most discounted enclave...
Average time to sell a home jumps to 141 days
In 2019, it took an average of 129 days from a listing first appearing on a property portal to the transaction completing. That's jumped to 141 days in 2020.
Only one in five people expect UK house prices to fall next year
A recent survey has also found that British buyers are more likely to put forward a lower offer than asking price compared to their European counterparts.
‘Being green will overtake being swanky’: PCL buying agency pinpoints four key themes for 2021 & beyond
Black Brick selects four key real estate trends to watch in the nearish future, including the increasing importance of “green” creds, the ongoing search for space, and the rise of the “15-minute…