The Market
Home-movers are ‘determined to move’, as more city-dwellers look to the regions
94% of home buyers and sellers are still planning to move once the Coronavirus lockdown is lifted, says Rightmove - but there are signs of shift in demand, with housebound house-browsers in cities looking…
London agency begins unfurloughing staff
Chestertons brings lettings negs back to work in some parts of the capital 'in anticipation of a very busy summer'
Lloyds predicts a 5% fall for house prices this year
Major mortgage lender Lloyds and top-end buying agency Black Brick are both predicting a fall for property values as a result of the Coronavirus pandemic.
Homes from Home: Priya Black on new-build buyers in lockdown & how Covid-19 could change estate agency
Buyers are not responding to the Covid-19 crisis in the same way as to the 2008 global financial crash or to 2016's Stamp Duty changes, says Knight Frank's Priya Black, who heads up the Baker Street…
Country house market recovery thwarted
After three years in the doldrums, country house prices and activity were beginning to turn up in Q1, says Knight Frank. Now prices are likely to drop by 3% this year.
Covid-19 – a catalyst for positive change in the property market?
While it would be easy to only see the negatives, this situation will be what we make it, writes Tim Hyatt...
London falls out of the top ten most expensive global cities
Hong Kong is still the world's most expensive city to buy a home, according to a new report from CBRE, followed by Munich and Singapore.
Distressed deals are hard to come by, says PCL buying agency
This is not like the GFC, buyers told
Bumper Q1 for Savills’ development land team
Agency reports selling over £436m worth of land during the first three months of the year
Briefing Note: On the higher SDLT rate for non-resident buyers
With the overseas buyer surcharge now confirmed for implementation next year, Mishcon de Reya flags up some of the finer details to bear in mind...
£82bn-worth of resi property deals are in ‘suspended animation’
Zoopla estimates that 50% fewer homes will be sold in 2020 than in 2019... The current rate of deals is about 10% of the usual March tally - a market more akin to late December than Springtime.
London’s resi development industry ‘made hay’ during Q1
Latest Molior survey of the capital's new-build scene shows sales and starts were both up significantly pre-lockdown