The Market
Savills drastically raises mainstream property price & transaction forecasts
"Previous UK recessions have been associated with house price falls, but 2020 looks set to be the exception," says Savills as it "significantly upgrades" is forecasts for both property prices and transaction…
Market Snapshot: Scotland’s £1m+ market has ‘picked up where it left off’, driven by a country house revival
Edinburgh usually dominates the Scottish prime market, but more rural locations have stepped up since the Spring Coronavirus lockdown was eased.
One in eight properties sold above asking price in August
13% of homes went for more than their original asking price last month, according to Propertymark, up from 8% in July and 10% in June.
Six key issues that will shape the property market this winter
More vendors are cutting asking prices, notes Knight Frank, demonstrating "a flicker of nervousness" in the property market as summer turns into autumn.
Record month for Knight Frank Richmond
SW London branch turns in its best August since opening in 2007 as buyers seek volume and outdoor space.
‘The economic consequences from the Covid-19-induced recession will pull the housing market from its long-term growth trajectory’ – Hamptons
2021 will be "challenging", but estate agency brand Hamptons International expects the national average property price to end this year higher than it started it, despite Covid-19 and Brexit, and to climb…
Zoopla predicts ‘a windfall for the market’ in Q1 2021 as transactions complete
House prices are up 2.6% on the year, according to Zoopla, but buyer demand is beginning to cool.
Heavyweight organisations sign industry-wide pledge to speed up the home-moving process
The Home Buying & Selling Industry group has created an informal pledge to improve transparency and help speed up the home-buying process, which has been signed-up to be the RICS, NAEA Propertymark, Rightmove,…
£1m+ house sales are ‘outpacing the market’, says Rightmove
Sales activity in the £1m+ property market "is soaring as wealthier buyers make moves to bigger houses or new locations", according to Britain's biggest property portal.
North London agency reports £70m sales flurry
Arlington Residential has tucked away a series of notable deals across Regent’s Park, Hampstead and St. John’s Wood in the last six weeks, including the former residence of Frederick Forsyth...
Waterfront premium hits 46% as buyers shell out for scenery
The lockdown provided people with plenty of time to reassess where they want to live, says Knight Frank.
Spectator Life: Five overlooked areas in Chelsea to buy property
Writing for the Spectator's lifestyle supplement, agency veteran Ed Mead takes readers on a tour of five under-the-radar addresses on his old patch...