The Market
London house prices ‘show return to health for the first time in three years’
Property prices in UK cities have risen by an average of 2.9% in the last year, reports Zoopla; the number of London postcodes recording price falls has dropped from 82% last year to 23% in October.
Winkworth achieving 96% of asking, with over a third of properties going for asking or above
A lack of property coming to market has created 'heightened competition' between buyers in London, says agency
Grainger hails year of ‘exceptional growth’
Reinvention delivers soaring rental income and profits for the UK's biggest listed landlord, which has now assembled a £2.6bn resi portfolio...
‘Certainty will return to the UK housing market’, predicts JLL in an upbeat set of forecasts
Property firm prophecies "the end of a long period of uncertainty" in London and around the country - with positive growth on the cards for house prices, transaction volumes and rental values.
2% or 28%: Agency offers two five-year PCL property price forecast scenarios
House prices in Prime Central London could end 2023 just 2% higher than in 2019, predicts Strutt & Parker - or they could climb by 28% if Brexit uncertainty clears
The Regen Premium: Homes near regeneration zones rise 3.6% a year faster
CBRE has compared property price inflation near London regeneration sites with growth in the wider local area
PCL market ‘on hold’ as uncertainty prevails
Values and volumes were generally steady across the prime postcodes last month, reports LCP, but the capital's new-build sector is really suffering...
Proportion of cash buyers sinks to a record low
Investors were responsible for just under a quarter of mortgage-free transactions in the first half of this year, down from nearly a third in 2009.
Mayfair’s newest street is London’s top super-prime hotspot
Created as part of British Land's record-breaking Clarges Mayfair scheme in 2017, Ashburton Place has seen more sales above £10m than any other address in London over the last 12 months
Conservative manifesto holds few surprises for the property sector
Tory election pledges on housing include a 3% Stamp Duty surcharge for foreign buyers, lifetime mortgages, and some planning tweaks - but no wider SDLT reform.
Reactions: On the Tories’ planned Stamp Duty hike for foreign buyers
Rounding up thoughts on the Conservatives' idea to ramp-up Theresa May’s 1% SDLT surcharge for foreign buyers to 3%
Tories plot Stamp Duty hike for non-residents
The Conservatives want to ramp-up Theresa May's 1% SDLT surcharge for foreign buyer to 3%