The Market
‘Causes for optimism’ in prime regional property markets as prices turn up
Prime property values ended 2019 0.1% higher than they started the year, says Savills, as short supply propped-up prices.
Buyers are ‘growing in confidence’ while sellers ‘still have the jitters’
Zoopla points to growing "market polarisation" as buyers and sellers take different tacks - suggesting "an opportunity for agents to bridge this gap".
Asking rents in London have escalated at nearly twice the pace of the national average over the last ten years
Average asking rents outside London have increased by 24% since 2009, says Rightmove, compared to 45% in London.
EU Later: Five thoughts on Brexit Day
Prime resi insiders muse on the significance of 31.01.20, and its potential impact on prospects for the UK property market...
Bargain hunters are queueing up for deals, snaffling around for the last crumbs of the previous bear market
Enquiries have picked up noticeably following the unexpected landslide electoral victory, writes Trevor Abrahmsohn, but sellers will still need to keep their expectations in check...
Beautiful homes & tree-lined streets should be ‘the norm not the exception’
Roger Scruton and Nicolas Boys Smith's final report for the Building Better Building Beautiful Commission has been published, offering a series of policy proposals and practical recommendations to make…
Prime London’s lettings market is on the turn
Savills is forecasting rents will rise by nearly 11% over the next five years, having bottomed out in mid-2019...
Mapped: Prime London price & rental growth
Latest quarterly stats from Knight Frank show St John's Wood outperforming, with South Ken, Canary Wharf and Marylebone lagging behind...
Ranked: Britain’s fastest & slowest places to sell a home
It took the average vendor 256 days to sell their property in 2019 (from first listing online to sale completion as marked by the Land Registry), although there were wide variations between different locations;
Rethinking the planning system: Downing Street to consider ‘wholesale reform’
Influential think tank Policy Exchange has published a blueprint for the "urgent wholesale reform" of the planning system, calling for a "clean break" with the current regime.
‘A positive close to the year as confidence returns to the housing market’ – NAEA
Another market report tells of improved activity in the wake of December's General Election.
Mortgage approvals jump to highest level since 2015
2019's gross mortgage lending total was still below 2018's level, despite a flurry of approvals in December.