The Market

The capital's prime resi market is overdue a resurgence in 2026, suggests one bullish property firm - citing a 'structural decline of every serious global alternative'.

Latest data shows sales values falling across most PCL areas, with sharper drops in some of the most exclusive markets.

Chancellor Rachel Reeves is reported to be 'examining exceptional measures to protect household budgets' in the face of economic fallout from the Iran war, but Downing Street has denied the rumour.

The gap between people moving home and people extending or improving is at its widest point in recent history, says Savills.

The outlook is not rosy for either prime or mainstream markets this year, but the property consultancy senses a 'change in political direction' before 2030.

Camilla Dell flags the impact of war in the Middle East on the UK's prime property market - and how London's 'safe haven' status is facing strong competition from tax-light locations.

Your essential five-minute briefing, featuring data, forecasts and analysis from Knight Frank, Savills, LonRes, Enness Global, ONS, Rightmove & more...

Uncertainty hits early-stage demand, says major agency, but deals still getting done; 'fairly sharp rebound' possible if rates settle.

Next week marks the start of 'new age' for the private rented sector, says Jessica Tomlinson of Savills, as she walks us through what incoming legislation means for top-end tenants & landlords.

JLL analysis suggests £743mn-worth of PCL property changed hands in Q1 - significantly below the previous two-year Q1 average of over £1bn.

New Rental Checker designed to help letting agents comply with Section 13 of the Renters’ Rights Act, drawing on achieved rents.

'Prime residential property has pulled away from the broader housing sector' in many global markets, says Knight Frank, but the UK capital has dropped to 93rd place on the firm's annual PIRI 100 index.