The Market
‘Buyer & seller activity remains in a holding pattern, hampered by political & economic uncertainty’ – RICS
“Given the upcoming general election next month, it appears unlikely that these trends will pick-up to any meaningful extent over the remainder of this year”, warns the RICS' Chief Economist
Demand remains resilient, reports Taylor Wimpey, as construction cost inflation softens
Construction cost inflation is likely to ease in 2020 and the mainstream property market is proving resilient in the face of uncertainty, says housebuilder Taylor Wimpey, but there is "increasing customer…
PCL prices are likely to rebound next year, rising 20% by the end of 2024
Prime Central London is set to become one of the UK's strongest-performing markets, predicts Savills, flipping a trend seen since 2014.
UK house price growth sticks at 1.3%
The latest official UK HPI property price inflation data tells of a 0.2% fall for house prices in September, leaving the annual change at +1.3%. London's average price dipped by 0.1% last month.
Returns Trip: Global trends in holiday home ownership
"The second home market has changed significantly over the last decade," says Savills. "Once a discretionary purchase primarily for own use, today’s global market is driven by income returns."
Council backlog delaying exchanges for up to six months in Camden
Agents and purchasers bemoan 'hugely frustrating' wait for land searches as town hall deals with staff shortage
HNW buyers are venturing beyond RBKC & Westminster
A flurry of £5m+ deals has put Blackfriars Road on the prime London map, as wealthy buyers look beyond London's traditional luxury postcodes
Global prime property slowdown ‘gathers pace’
A year ago, Knight Frank declared the start of "the Great Moderation" in the world's prime residential markets; the firm's latest Global Prime Cities Index bears out the prediction...
Required Reading: Understanding the upcoming changes to Private Residence Relief
The government is planning some major changes to a long-standing tax break next year, which could deter (even more) people from moving - and have big implications for certain landlords.
Mapped: Prime buyers are looking further afield in search of value
Prime property buyers are increasingly dividing into two camps as political uncertainty rumbles on, reports national buying agency Garrington.
Europe’s resi real estate investors are ‘bullish’ despite Brexit & regulatory concerns
Paris, Berlin and Frankfurt are the top picks for real estate investment in 2020, reports PWC
Proportion of overseas landlords rises for the first time since 2010
The weak Pound has boosted the proportion of British homes let by overseas landlords, from 7% last year to 11% this year, according to Hamptons;