The Market
Resi development land values tick up
Development land values are rising again after two years of no growth; "higher costs associated with building energy efficient and sustainable homes are putting pressure on land values," says Savills.
High-value sales surge as confidence boost translates into transactions
Stamp duty receipts hold up as £1m+ deals hit their highest final quarter total in a decade
Rightmove reports busiest ever month
Property portal records more website views than ever in January, with a corresponding surge in agreed sales.
Nearly 60% of properties sold in Kensington & Chelsea last year went through at £1m or above
New analysis delves into the UK's seven-figure hotspots
American rental operator Blueground launches first London apartments
Turnkey rental home operator plans to build a portfolio of 250 apartments in London by the end of the year.
Saving for a home ‘is no longer the top priority’ for most Brits
The majority (58%) of British people surveyed by ING believe that the housing market "is on the wrong track", with accessibility challenges being a main driver.
On technology and the rise of people-centred property
Technology has been revolutionising the way that we live and work for decades, yet in relative terms there has been little impact on the traditional world of real estate.
‘Causes for optimism’ in prime regional property markets as prices turn up
Prime property values ended 2019 0.1% higher than they started the year, says Savills, as short supply propped-up prices.
Buyers are ‘growing in confidence’ while sellers ‘still have the jitters’
Zoopla points to growing "market polarisation" as buyers and sellers take different tacks - suggesting "an opportunity for agents to bridge this gap".
Asking rents in London have escalated at nearly twice the pace of the national average over the last ten years
Average asking rents outside London have increased by 24% since 2009, says Rightmove, compared to 45% in London.
EU Later: Five thoughts on Brexit Day
Prime resi insiders muse on the significance of 31.01.20, and its potential impact on prospects for the UK property market...
Bargain hunters are queueing up for deals, snaffling around for the last crumbs of the previous bear market
Enquiries have picked up noticeably following the unexpected landslide electoral victory, writes Trevor Abrahmsohn, but sellers will still need to keep their expectations in check...