The Market
Latest mortgage data shows a resurgence of buy-to-let activity
The number of home-mover, remortgage and buy-to-let lending picked up in December, reports UK Finance.
Listing Price: How London’s heritage buildings contribute to house price premiums
Savills has looked into how the prevalence of listed buildings affects average property prices around the capital; there's "a strong correlation" between heritage and higher prices, says the team.
Westminster is now more expensive than Kensington & Chelsea
Latest data shows a changing of the guard in PCL, as Westminster outperforms its neighbour to become the UK's priciest borough
Homes in English market towns command a 12% average mark-up
Beaconsfield has the highest house price premium of any market town, says Lloyds Bank, followed by Henley-on-Thames and Bakewell.
Power Lines: London’s new Zone 1 neighbourhood ‘will come of age’ in 2021
Around 5,000 new homes have been built in VNEB (Vauxhall Nine Elms Battersea) over the last five years, and another 7,000 are due to be delivered in the next five...
Mayfair deal numbers could jump by 50% this year, predicts Wetherell
Mayfair's "polarised" property market is due to bounce back after three years in the doldrums, says Peter Wetherell.
Mansion tax plans ‘shelved’ after backlash
Plans to unveil a new tax on high-end properties in next month's Budget have reportedly been shelved, just a week after rumours first surfaced.
Rightmove predicts ‘a series of new price records’ this Spring
Supply is finally starting to rise, says Rightmove, but not as fast as demand...
Landlord numbers fall to a seven-year low
The average private rental portfolio size has risen as the number of landlords has dropped, reports Hamptons International. The national average rent increased by 3.6% in the last year.
City high-rollers return to Prime London
Proportion of £2m+ buyers from a City/finance background hit a six-year high in 2019
London house prices have risen at nearly twice the pace of the national average in the last ten years
Property prices in Greater London escalated by 82% between 2009 and 2019, according to research house Acadata. That's nearly twice the average house price inflation rate across UK regions (42.6%).
Chancellor Javid resigns a month before Budget day; Sunak takes over
Sajid Javid has surprised everyone by quitting as Chancellor of the Exchequer - with just four weeks until the Budget. Rishi Sunak has taken over the keys to the Treasury and No.11 Downing Street.