The Market
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
Under offers piled up as the lockdown halted prime London’s property market recovery
Nearly a third (30%) more London homes were marked as "under offer" at the end of March compared to the same time a year ago, according to LonRes data mined buy Coutts bank, as deals piled up under the…
Listen: Knight Frank’s research unit launches podcast series
Knight Frank Research has just launched its first podcast series, aiming to "break down the news and delve into the intelligence behind the property market headlines."
Tenancy renewals jump under lockdown, but ‘there are signs that applicant demand is starting to increase again’
Hamptons and Knight Frank both report big increases in tenancy renewals, but both flag signs of renewed demand for new lettings despite the lockdown.
Off-plan sector facing wave of legal disputes, warns private wealth firm
Developers are already 'exploring their options' over deals where the buyers seem to have gone cold, reports Boodle Hatfield
London’s lettings market awakens, sort of
Tenants across London & the Home Counties are making plans for life after lockdown, reports Knight Frank, although more are opting to go with the status quo.
UK headed for ‘historic’ decline in housing delivery
Total private housing delivery in 2020 will end up lower than in the years following the global financial crisis, warns Knight Frank as the agency calls on the Government to intervene...
Deutsche Bank predicts a 20% slump for UK house prices
Everyone agrees that transaction volumes will plunge, but opinions are divided over the impact of the Coronavirus on property values...
Significant wealth tax hikes ‘should now be very firmly on the UK policy agenda’
"Low-hanging" wealth & property taxes could rise to cover Covid-19 costs, suggests a political economist Professor Richard Murphy.
Lettings market still moving says major London agency
Chestertons has agreed nearly 200 new tenancies and brought over 800 properties to market since the lockdown began
FT: How coronavirus is threatening the UK’s second-home market
Writing for the FT, Liz Rowlinson reports from the UK's holiday home hotspots, where the coronavirus has been heightening tensions between locals and second home owners.
Community Infrastructure Levy is ten years old, but Covid-19 is its biggest test
Introduced a decade ago this month, CIL’s inflexibility could prove its downfall if the forthcoming downturn is anything other than a short sharp shock, writes Miles Gibson