The Market
Price declines moderate in PCL as supply & demand diverge
Sales Market Snapshot: 29% more new prospective buyers registered with Knight Frank in Prime Central London in the first half of this year, while the number of new £1m+ listings fell by 25%
Super-prime rentals jump as discretionary vendors opt to let
Rental Market Snapshot: Knight Frank reports a 22% jump in the number of would-be tenants across prime London, with no corresponding rise in supply
Prime new-build construction collapses in London, but sales pick up
45% fewer prime new-build homes started construction in London in Q2 this year compared to 2018, report Savills and Molior
Record month for Chestertons as PCL activity levels ‘leap’
One of London's biggest estate agencies has just had its best August on record, but both sales and lettings teams are having to put the work in to get deals over the line...
Watch: Property price inflation in key UK cities since 1995
The average UK house price has risen by 318% since 1995, with some locations out- or under-performing that to a quite significant degree...
FT – Millennial movers: how young tech tycoons are shaking up the prime housing market
Buyers flush with tech fortunes are changing the face of high-end property, writes Judith Evans in the Financial Times
Is this the sign that the London market is bottoming out?
LCP has just recorded the smallest annual decline in transaction levels across Prime Central London since 2014;
KPMG warns of no-deal Brexit house price plunge
Property prices could crash by as much as a fifth if Boris Johnson pursues a no-deal Brexit, says accountancy giant;
Developers contribute £6bn a year to community infrastructure projects
New CIL reforms mean local councils now have to declare developers' contributions and how levies are spent
The Telegraph: Meet the new super-rich lords of the manor who are buying and transforming Britain’s great estates
Melanie Cable-Alexander reports for The Telegraph on the new breed of wealthy estate owner 'single-handedly' driving the big estate market...
‘We need to clamp down on buy-to-leave by charging a levy on second homes’ – Corbyn
Labour leader calls for crackdown on an empty homes loophole
Twists and turns ahead for the PCL market this autumn
Knightsbridge agent Patrick Alvarado summarises the key issues likely to affect things in the run-up to Halloween/Brexit Day #2...