The Market
PCL sales volumes boosted by super-prime surge
Q2 saw the highest number of £10m+ deals in four years, reports Knight Frank, although prices across the board are down by nearly 5% annually
Robert Jenrick replaces James Brokenshire as housing secretary; McVey in as housing minister
37-year-old former lawyer Robert Jenrick takes on the challenge of delivering the government's housing policy, as James Brokenshire makes for the backbenches;
PwC forecasts ‘sluggish’ property price growth for the UK
UK house prices are likely to rise by a 'sluggish' 1% this year, predicts consultancy firm PwC, 'implying a 1% decline in real terms'
Prime Resi Industry Reactions: Boris Johnson declared as the UK’s new leader
The Conservative Party has elected the controversial Brexit-loving former Mayor of London, Boris, as its new leader; he will take over as Prime Minister from Theresa May on Wednesday
Knight Frank’s combined London buyer budget has reached a five-year high
Pent-up buyer demand continues to build in prime London, says Knight Frank, as it takes a closer look at the South Kensington market
Transactions tumble as Brexit effect ‘takes hold’
HMRC recorded just 84,490 resi transactions in June - a year-on-year fall of -16.5%
Company landlords now own 42% more rental properties than in 2015 – Hamptons
Private companies are taking a bigger slice of Britain's growing rental sector, says Hamptons International
Government ‘opens formal negotiations’ with the property industry for a ‘built environment sector deal’
The Ministry of Housing, Communities & Local Government and the Department for Business, Energy & Industrial Strategy have penned a letter "confirming the government will open formal negotiations on a…
Hong Kong buyers flock to London as unrest continues
Prime London estate agency records 'an unmistakable surge in enquiries from Hong Kong residents looking to buy property in London'
Peak buying season disappoints as London & SE stay under the weather
National prices edged upwards by the smallest of margins last month, reports LSL & Acadata, but the traditional Spring bounce in activity levels failed to materialise...
Government to end ‘poor doors’ & playground segregation with ‘toughened up’ planning rules
James Brokenshire announces a package of measures designed to 'tackle stigma and help end the segregation of social housing residents in mixed-tenure developments'
Resurgent British film industry drives luxury short-let boom in London & the Home Counties
Knight Frank reports an 82% boost in film-related enquiries, as tax breaks and currency movements bring increasing numbers of A-list stars and production crews to the UK