The Market
Chestertons flags ‘unintended consequence’ of new rental rules
Major London agency says landlords have been rethinking pricing tactics under the RRA - and reports a 20% drop in sales enquiries.
Land values slide as developers get pickier
Savills reports annual falls of 3.3% for greenfield sites and 6.6% for urban land as viability concerns and weaker sales rates continue to stifle appetite.
What do the wealthiest want? Four questions, 32 experts, ten key findings
'Something has shifted at the very top of the market,' declares LPF boss Priya Rawal after consulting a panel of luxury property insiders.
Savills reports surging European demand for London’s top-end rental homes
Tenants from the continent accounted for a quarter of the agency's £5k-a-week-plus deals in H1, up from less than 10% a year ago.
UK millionaire population falls to lowest level since Global Financial Crisis
Think tank estimates a 7% decline in the national millionaire headcount last year.
Burnham ‘rules out’ scrapping Stamp Duty in the next Budget
But other reports suggest the new government is 'actively looking' to replace council tax & stamp duty with a new system.
Westminster preps ground for ‘significant’ council tax hike
PCL borough says it is facing a £100m funding blow.
Simon Deen: Why good agency matters more than ever
Following a run of successful sales in NW London, boutique estate agency founder Simon Deen explains what it takes to keep high-end transactions on track in a difficult market.
Trade body piles onto ‘mansion tax’ consultation
Propertymark says ministers still have big questions to answer on valuations, enforcement and who ultimately pays the charge - and warns against hitting non-UK resident owners with an additional surcharge.
‘Postcode Price Gap’: Bank encourages buyers to look beyond established prime addresses
Major mortgage lender says 'homebuyers can save up to 47% by looking next door to the UK's priciest postcodes.'
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing, featuring data, forecasts and analysis from Knight Frank, Beauchamp Estates, Glentree Estates, Knight Frank, Savills, ONS & more...
Super-prime buying ‘flurry’ drives London’s £5mn+ market
New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.