The Market
Wired: Russia blazed a trail for Chinese oligarchs to nab London property
"Most of the capital’s prime property is now bought by wealthy Chinese," writes journalist Chris Stokel-Walker for Wired magazine, and "you can't move in London for Russian oligarchs."
Significant leasehold reform proposals promise ‘to transform the future of home ownership in England & Wales’
Commonhold should be the "preferred alternative" to leasehold, says the Law Commission in a series of three important reports that outline how to create "a better deal for leaseholders and make our homes…
Place in Society: On loneliness & the role of real estate
The industry can learn many things from the last few months, writes Sara Bailey, including how buildings can help alleviate the problem of loneliness in our communities.
‘Unexpected mini-boom’ pushes asking prices to a record high
"Current activity levels clearly show that Britain is getting moving again," says Rightmove, with the Stamp Duty holiday serving to “amplify the buyer surge”.
Summer lull cancelled as activity surge continues
There will be an unusual pattern of activity for buyers and sellers to navigate this year, warns Knight Frank
Rents have risen across most of the country, but have fallen sharply in London
A rise in the number of properties available to rent combined with a drop in international demand have driven a 7.4% year-on-year decline in average rents in Inner London, says Hamptons.
14 key principles for licensed estate agents: Future RoPA Code of Practice opens for consultation
“The new code of practice will look to set standards at a higher level than currently legally set," says steering committee leader Baroness Hayter.
New-build buyers burst out of lockdown, says Savills
Record demand in June ‘more than made up’ for the market hiatus, says the agency
North London agency reports influx of Hong Kong buyers with ultra-prime budgets
‘The trickle has become a torrent’, says Glentree International
Three heat maps to show how prices were faring in Q2
Acadata restarts its analysis of Land Registry data, reporting record prices in the South West...
OBR revises housing market forecasts in light of Covid-19
Three scenarios for house prices and transactions volumes over the next five years have been presented by the Office for Budget Responsibility - an Upside, a Central, and a Downside.
KF saw more offers accepted in June than in any other month of the last 20 years, smashing the previous record by 46%
There's been an extraordinary release of pent-up demand in the sales market since lockdown restrictions were lifted. "The uncertainty is how long it can last," cautions Knight Frank.