The Market
Development land values recover as activity picks up
PCL development land value are still down at 2013 levels, despite rising in Q3.
National house price inflation picks up; houses out-perform flats – UK HPI
Detached homes are seeing notably higher property price growth in England compared to other property types, climbing by 6.
£1bn added to UK economy for every 100,000 property transactions – claim
Each residential property transaction adds an average of £9,559 to the UK economy, according to some sums by Knight Frank and the Home Builders Federation.
Stock continues to pile up in Prime London
68% more properties reached the market in October compared to the same month in 2019, reports LonRes, and levels are running at 37% above the five-year average...
Ranked: Britain’s top 20 speediest property markets
There are 14 local authority areas where properties listed for sale tend to find a buyer in 30 days or less...
High Court re-affirms new Permitted Development Rights
The High Court has dismissed a legal challenge against new Permitted Development Rights and changes to Use Class Orders.
Weakest Links: Top buying agent lambasts ‘bucket shop’ conveyancers & online estate agents for property chain delays
Ed Heaton took drastic action to salvage a property chain - buying the flat at the bottom to ensure all five deals went through, including his own sale at the top.
Rural rents rise as cities fall – Hamptons
Average rents in the countryside have risen by 5.5% in the last year, reports Hamptons, while city rents have fallen by 5.3%.
Opportunity Knocks? This property type has underperformed all others in 2020
Demand for larger flats has more readily switched to houses in recent months, notes Knight Frank, and some investors may be sensing a buying opportunity...
Asking prices dip despite continued home-buying activity
"New sellers appear to be pricing more keenly, to improve their chances of getting a quick sale and beating the March stamp duty deadline," says Rightmove.
Twelve graphs to show why PCL is ready for a comeback
Savills is confident that Prime Central London’s property market will bounce back - as soon as international travel resumes and the streets regain their famous buzz...
Watch: ‘Exceptionally busy’ sales market continues through second lockdown
The UK property market remains "exceptionally busy", says Garrington in its latest monthly sit-rep, despite the national Coronavirus lockdown and what would normally be the start of the seasonal slowdown.