The Market
Knight Frank reports dramatic surge in new buyers as interest ‘explodes’
The agency's London offices registered more new buyers in the second week of January than during any week in the last fifteen years, with numbers up 92% on the same point last year...
Government launches new Building Safety Regulator; demands ‘immediate action’ from building owners
Robert Jenrick's Housing Ministry says it is "committed to delivering the biggest change in building safety for a generation"; threatens to name-and-shame non-compliant building owners.
Charted: European rental Vs house price inflation since 2007
House price growth in the EU has been lumpy since the global financial crisis, while rental prices have climbed at a fairly consistent rate over the last 13 years...
On the implications of the Law Commission’s leasehold reform proposals
This month, the Law Commission published its long-awaited proposals for leasehold reform, making a number of recommendations which could have major ramifications for the London property market.
Is London heading for a house price crash? Probably not, say economists
Oxford Economics forecasts "sluggish" but positive growth for London property prices
High-end deal surge in Prime Central London as buyers jump the gun
£5m-plus sales soared by 78% in the final quarter as wealthy purchasers chose not to wait for the result of the General Election, reports LonRes
Optimism returns to the property industry – but estate agents are looking to diversify
Key findings from Zoopla's annual "State of the Property Nation" include a marked upswing in estate agencies' sentiment, but there's continued uncertainty over the political situation.
Asking prices post biggest January rise on record as a ‘window of stability’ encourages activity
Rightmove recorded its biggest ever December/January asking price "surge" in the wake of the General Election - led by more expensive "top of the ladder" properties.
Rents rise at the fastest pace since 2014 – Hamptons
Average rental payments across the country increased by 3.7% in 2019, and have escalated by 81% in the last decade.
Mapped: The ‘meteoric’ rise of ‘American-style’ build-to-rent in the UK
UK regions saw a dramatic 51% increase in the number of "American-style" purpose-built rental homes completed in 2019, according to Savills, the British Property Federation and Molior.
Top-end sales jump as PCL responds quickly to political certainty
Q4 was a record quarter for £20m+ deals in Central London, reports Savills, while December saw the highest number of £5m+ sales since 2014.
‘There are glimmers of growing confidence’ in the architecture profession – RIBA
Architects got a bit more pessimistic about future workloads in December, but the Royal Institute of British Architects has spotted signs of improvement after an extended period of volatility...