The Market
PCL’s altered rental market in eight charts
"Anyone worried about the future of city life should take reassurance from the 21% increase in under 30-year olds starting new tenancies compared with the same period prior year," notes the CEO of London…
More spent on super-prime homes in London this year than last, despite the pandemic
Knight Frank reports that £1.13bn was spent on £10m+ homes in London in the first eight months of this year - 16% more than the £977.5m recorded in 2019.
Post-lockdown activity surge continues in Prime London
New instructions have been running at double the levels of last year and more properties have been going under offer, but transaction volumes are taking a while to catch up...
UK comes close to last in OECD property tax rankings
Britain slips down to 22nd position in the International Tax Competitiveness Index, and is now ranked 33rd out of 36 on property taxes...
UAE & USA lead international HNW mortgage activity in the UK
Over a third of the UK's high-end international mortgage activity has come from UAE-based buyers, according to some analysis by broker Enness.
Heat Mapped: London & national house price growth
Prices continue to rise fastest in the capital, according to the latest Acadata/e.surv HPI, with a monthly movement of 2.6% taking the annual change to 7.6%.
Rents rise to record levels outside London
London rents continue to fall, reports Rightmove.
Global billionaire wealth bounces back to new heights
A V-shaped recovery in equity markets has been a boon for the richest people on the planet, report UBS and PwC, as global billionaire wealth surged by more than a quarter between April and July this year…
UK super-rich hit hardest by Covid-19, as combined UHNWI wealth slumps by a fifth
The richest people on earth seem to be weathering the Coronavirus storm rather well, according to the latest World Wealth Report from Wealth-X.
One in five people now less likely to buy a property due to Covid-19 – PWC
Around a third people who previously - in February - thought their next move would be to a city centre home now want to live in the suburbs or towns and villages.
PCL left out in the cold as demand heats up in leafy SW London
Buyer demand in the £2m market is currently highest in Barnes, Clapham & Chiswick and lowest in Marylebone, Mayfair & Fitzrovia, according to new analysis...
Ranked: The UK’s asking price inflation hotspots of the last ten years
Easton in Bristol has seen the biggest escalation of average asking prices of anywhere in the UK since 2010, according to Rightmove.