The Market
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...
The next move in PCL sales prices should be up – JLL
'The prospects are more positive than they have been for five years', says the agency, tipping both transactions and prices to rally over the next three months...
Why people buy what they didn’t realise they wanted
Searching for a country property is all about testing boundaries, says buying agent Sally Fraser...
‘We’ve never seen such a sharp increase in buyer and seller activity’ – Chestertons
Major London agency reports noteworthy uplifts in buyer registrations, offers made and new instructions as improved sentiment begins to translate into action
Record year for Knight Frank’s South West team
Division reports its most successful year since 2009, with volumes up by nearly 40% and an unprecedented number of £2m+ deals...
Surveyors’ sales market expectations ‘improve noticeably’
The latest update from the RICS is markedly more positive than previous months...