The Market
Wealth Resorts: Britain’s multi-millionaire hotspots
A new report has identified the UK's key enclaves for high net worth individuals, ranking the country's top 20 major cities and the top 20 small towns/villages by private wealth and multi-millionaire population…
‘Chill winds returned to the London prime property market over the summer’ but ‘there are now reasons for optimism’
"Chill winds returned to the London prime property market over the summer," says Coutts bank, although "there are now reasons for optimism regarding a potential bottoming of the market"
UK resi market facing extra-significant election impact, says private bank
The stakes for the UK property market are unusually high this time round, warns Nedbank Private Wealth, as it advises clients on the potential ramifications of each of the likely scenarios...
New-build sales rise across London while unit starts & completions slip
Molior survey shows 4,646 units started construction across the capital during Q3, below 2018's quarterly average of over 4,700 units;
Election 2019: What a Labour government might do to property & wealth taxes
There's no 2019 election manifesto yet, but Mishcon de Reya has summarised everything that Jeremy Corbyn's Labour Party has proposed about property and wealth-related taxation over the last few years…
Prime London rents rise as buyers seek shelter from the storm
Rental values rose by 5.2% across the prime postcodes in Q3 as supply levels fell for the tenth quarter in a row, reports LonRes...
Mapped: Average rental & sold prices across Prime London
Latest visual from LonRes shows the spread of average rental prices per week and sold prices per square foot during Q3 2019
Carrington on Q3: Groundhog Days
LonRes chairman William Carrington offers his take on the issues of the day - or was that yesterday?
Prime London’s Brexit-weary buyers run out of patience
A burst of activity in Q3 bodes well for further improvements once the fog begins to lift, says LonRes...
Average £psf values slide in London’s golden postcodes
Mayfair, Belgravia & Knightsbridge have been hit hardest by the double whammy of higher transaction taxes and political uncertainty, with £psf values now more than £200 below their five-year average...
Estate agency body Propertymark publishes 13-point housing policy ‘manifesto’
It's "time to regulate and reform the housing sector" says the National Association of Estate Agents as it lays out what the industry would like to see political parties pledge this election season.
Competitive bids rise as London’s high-value property market rallies
Chestertons reports rising demand but continued short supply in prime London locations