The Market
Why people buy what they didn’t realise they wanted
Searching for a country property is all about testing boundaries, says buying agent Sally Fraser...
‘We’ve never seen such a sharp increase in buyer and seller activity’ – Chestertons
Major London agency reports noteworthy uplifts in buyer registrations, offers made and new instructions as improved sentiment begins to translate into action
Record year for Knight Frank’s South West team
Division reports its most successful year since 2009, with volumes up by nearly 40% and an unprecedented number of £2m+ deals...
Surveyors’ sales market expectations ‘improve noticeably’
The latest update from the RICS is markedly more positive than previous months...
New mortgage lending dips by 10%
10.6% fewer homemover mortgages completed in November 2019 compared to the same month a year earlier - although the decline "reflects particularly strong home-purchase activity in November 2018"
UK house prices post 2.2% annual rise
Monthly movement of 0.4% between October and November compared with a fall of 0.4% at the same point in 2018;
2019’s turmoil demonstrated the UK property market’s resilience – TwentyCi
Despite 'unprecedented' political upheaval and economic threats, overall exchange volumes were slightly up last year, while asking prices remained largely flat...
Why 2020 looks like a very bumpy ride for residential landlords
With a raft of legislatory changes looming in the months ahead, it's likely that more landlords will decide to jump ship and sell up, writes Joanne Young...
The total value of UK housing has soared by 46% in the last ten years
The combined value of UK homes has escalated by £750m a day since 2009, says Savills...
Prices for best-in-class PCL stock could soar by 10% this year, warns buying agency
The latest set of estate agents' forecasts are 'too conservative', suggests Black Brick, noting that vendors are already toughening up their stance;
London leavers are getting younger and moving further away
4% fewer Londoners moved out of the capital in 2019 compared to 2016, says Hamptons International. But the average age of a London-leaver is falling, reaching a record youthfulness in 2019...
UK house prices are ‘in sync’ with incomes – except in London
The UK's average house price to earnings ratio stands at 10.7, compared to 18.0 in London